199 Main Street, Falmouth MA 02540
Falmouth, MA 02540
$5,250,000
Est. $27,664/month
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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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
May 22, 2026
$5,250,000
Original listing
Agent: Michael Valentine
Office: Premier Commercial
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/22/2026 | 🏠 Listed for Sale | $5,250,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $11,005 | — |
Financial Details
Annual Property Tax
$11,005
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1980
Lot Size
0.28 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$11,005
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Barnstable
Property Overview
Listing Type
For Sale
Year Built
1980
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1980
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Falmouth School District local
B-
School Safety
2024-25
3.5%
Above Average
2.2%
Suspensions
2.6%
In-School
1.3%
Emergency
2.0% below state avg
Elementary Schools
5 schools
B
Mullen-Hall School
0.2 mi
|
#378 of 824
|
Score: 48.2
Improved 249 spots from last year
-10 below state avg
364 students
Moderate
Rising School
Grades K-04
Cape Cod Conservatory of Music & Arts
0.8 mi
Grades PK-K
B+
Teaticket School
1.7 mi
|
#261 of 824
|
Score: 52.0
Improved 223 spots from last year
-6.2 below state avg
236 students
Moderate
Rising School
Grades K-04
B+
East Falmouth Elementary School
3.3 mi
|
#297 of 824
|
Score: 50.9
Improved 263 spots from last year
-7.3 below state avg
303 students
Moderate
Rising School
Grades PK-04
A-
North Falmouth Elementary School
6.0 mi
|
#216 of 824
|
Score: 54.0
Dropped 24 spots from last year
-4.2 below state avg
303 students
Moderate
Grades K-04
Middle Schools
2 schools
C+
Morse Pond School
0.8 mi
|
#505 of 824
|
Score: 44.5
Dropped 31 spots from last year
-13.7 below state avg
472 students
Moderate
Grades 05-06
B
Lawrence School
0.3 mi
|
#149 of 352
|
Score: 44.5
Dropped 39 spots from last year
-13.7 below state avg
474 students
Moderate
Grades 07-08
High Schools
2 schools
Falmouth Academy
0.7 mi
11 sports
• 356 athletes
Grades 07-12
B
Falmouth High School
2.4 mi
|
#173 of 346
|
Score: 53.4
Improved 61 spots from last year
-4.8 below state avg
714 students
Moderate
17 sports
• 1,266 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$917
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
199 Main Street, Falmouth MA 02540
Falmouth, MA 02540
Listing Information
Listing Office
Premier Commercial
Office Phone
508-815-5701
Agent MLS ID
CN258052
Office MLS ID
AC2439
Listing Data Updated
May 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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