Commercial Sale at 199 Main Street, Falmouth MA 02540
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23 photos

$5,250,000

199 Main Street, Falmouth MA 02540
Falmouth, MA 02540
Listed by Michael Valentine
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1980

About this home

You won't want to miss this discovery! Prime mixed-use investment opportunity in the heart of downtown Falmouth! Located directly on bustling Main Street, this high-visibility property offers approximately 9,600 sq. ft. of retail/commercial space plus a beautifully renovated 1,500 sq. ft. 3BR/2BA apartment above. The property is comprised of three commercial spaces totaling approximately 1,600 sq. ft., 4,500 sq. ft., and 3,500 sq. ft., each with full basements providing exceptional storage and utility space not included in the square footage. Five to six dedicated parking spaces plus abundant street parking and a municipal parking lot just one block away make access easy for customers, tenants, and guests. Surrounded by popular shops, restaurants, and year-round activity, this location benefits from exceptional pedestrian traffic in one of Cape Cod's most vibrant downtown districts. Just minutes to area beaches, ferries, and marinas. Ideal opportunity for investors or owner/users.

Property details

MLS
MLS Property Information Network
MLS #
73522983
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
157
On market date
May 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Mullen-Hall
0.19 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
400
Student:teacher ratio
10.3:1
District
Falmouth
Middle
Lawrence
0.24 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
498
Student:teacher ratio
9.8:1
District
Falmouth
High
Falmouth High
2.66 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
805
Student:teacher ratio
11.8:1
District
Falmouth

Walkability

Blended score for Falmouth's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks12
Schools8
Transit stops7
Pharmacies2

Market position

How this listing compares to current activity in Falmouth, from live MLS data.

On the market 157 days -- 52 more days than Falmouth's current average of 105 days.
For reference, the median list price across 294 active listings in Falmouth right now is $899,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$31,766/mo
$1,050,000 down
$4,200,000 loan
Principal & interest$27,241
Property tax (est.)$4,375
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.