INNOVATE
Real Estate
No photos available for this listing

$3,295,000

87 Water Street, Falmouth MA 02543
Falmouth, MA 02543
Listed by Greg Hartel
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

WH Market & 68 Seat Restaurant offers a rare opportunity to acquire a landmark waterfront retail and restaurant property in the heart of one of Cape Cod’s most iconic villages. Overlooking scenic Eel Pond, this 3,744± SF two-story building sits on a .70± acre site and includes a fully operational, well-established market on the first floor plus a fully equipped 68-seat restaurant on the second level. This highly visible Water Street location benefits from steady foot traffic, street parking, and close proximity to renowned marine laboratory and research employers, ferry activity, marinas, shops, and dining destinations. The offering includes existing inventory, providing immediate operational value for an owner-user or investor seeking a turnkey hospitality and retail asset. Patrons and guests can enjoy a unique waterfront setting with inviting indoor spaces and dramatic upper-level dining views over Eel Pond. Property combines irreplaceable location in a premier coastal destination.

Property details

MLS #
73506364
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.07 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mullen-Hall
3.58 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
3.56 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
5.57 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

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$19,993/mo
$659,000 down
$2,636,000 loan
Principal & interest$17,097
Property tax (est.)$2,746
Home insurance (est.)$150

Similar homes you might like

No photo
$3,950,000
876 East Falmouth Hwy, Falmouth MA 02536
Falmouth, 02536
N/A bd·N/A ba·N/A
Listed by Greg Hartel
No photo
$3,950,000
950 Massachusetts Ave, Cambridge MA 02139
Cambridge, 02139
N/A bd·N/A ba·5,481 sqft
Listed by Whitney Gallivan
No photo
$3,900,000
59-63 Meridian St, Boston MA 02128
Boston, 02128
N/A bd·N/A ba·N/A
Listed by Alissa Charles
No photo
$3,900,000
55 Elm St, Somerville MA 02144
Somerville, 02144
N/A bd·N/A ba·N/A
Listed by David Lilley
No photo
$3,900,000
15-21 School St, Quincy MA 02169
Quincy, 02169
N/A bd·N/A ba·N/A
Listed by Dimitri Petrosian
No photo
$3,900,000
86 Macarthur Dr, New Bedford MA 02740
New Bedford, 02740
N/A bd·N/A ba·32,850 sqft
Listed by Team ROSO
No photo
$3,899,000
32 Schoosett St., Pembroke MA 02359
Pembroke, 02359
N/A bd·N/A ba·20,000 sqft
Listed by Linda Houllahan
No photo
$3,895,000
647 Boylston # 2, Boston MA 02116
Boston, 02116
N/A bd·N/A ba·0 sqft
Listed by Kevin Caulfield

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 30, 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.