INNOVATE Real Estate
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556, photo 2 of 6
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556, photo 3 of 6
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556, photo 4 of 6
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556, photo 5 of 6
Commercial Sale at 362 N Falmouth Hwy, Falmouth MA 02556, photo 6 of 6
6 photos

$4,500,000

362 N Falmouth Hwy, Falmouth MA 02556
Falmouth, MA 02556
Listed by Joseph Ponte
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1972

About this home

Lucrative Investment Opportunity! This North Falmouth Square shopping complex is a mixed-use residential and commercial property rich in local heritage. With fully leased commercial spaces with leases that are NET-GENERATING INCOME. It's an ideal choice for savvy investors & perfect for a 1031 exchange program. Tenants pay ALL expenses for this property. This complex offers a strong income net stream. Benefit from high foot traffic, community support, and proximity to beaches, bike paths, and dining. With excellent potential of building a structure on the right side of this parcel it just keeps adding future appreciation, this opportunity is not to be missed. Schedule your private viewing today!

Property details

MLS
MLS Property Information Network
MLS #
73545795
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
113
On market date
July 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.41 acres

Location

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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
North Falmouth Elementary
0.21 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
338
Student:teacher ratio
11.3:1
District
Falmouth
Middle
Morse Pond School
5.43 mi away · Grades 5-6
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
474
Student:teacher ratio
10.8:1
District
Falmouth
High
Falmouth High
3.3 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).

50
Somewhat walkable
out of 100
EPA National Walkability Index
7.7 / 20 -- Below average walkable
Google Places amenity density
68 / 100
Restaurants & cafes10
Grocery stores2
Parks6
Schools2
Transit stops1
Pharmacies1

Market position

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

On the market 113 days -- 6 more days than Falmouth's current average of 107 days.
For reference, the median list price across 297 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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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$27,250/mo
$900,000 down
$3,600,000 loan
Principal & interest$23,350
Property tax (est.)$3,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 4, 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.