Discover Your Cape Cod

150 MainFalmouth, MA 02540Price: $4,250,000

  • Price: $4,250,000
  • Est. Mortgage of $/month
  • 19 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,250,000List Price
  • 11Bedrooms
  • 11Bathrooms
  • 0.3Acreage
  • 25,220Square Feet

Listing Tools

The Eastman Block is a100% occupied mixed-use building with (2) retail stores and (11) apartments. The retail has long term leases offering stable cash flow and the apartments have tremendous upside potential on below-market rents. The gross building area (25,000 + SF) includes basement space utilized by both tenants. The first floor includes two retail suites, but could accommodate up to 4 tenants. The upper floor of the building was converted from office use to residential use under a building permit to remodel the second floor that was issued in 1972 to the former owner. Plans are on file together with the 1972 building permit in the Town of Falmouth. The 11 unit apartment use has operated continually in the building since the mid-1970's. There is a municipal lot behind the building providing parking for the rear entrance of the hardware store. This generational asset has been family owned for over 100 years, bring your offers to purchase this Iconic property - offers due 6/23

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Listed by Carl Christie of Carl Christie

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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