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56 Water St, Falmouth MA 02543

Falmouth, MA 02543 • Woods Hole
$1,195,000
$1,050,000
Est. $6,103/month
0.03
Acres
1916
Year Built
445
Days on Market
Active Price Drop -$145,000 Listed Apr 21, 2025 • MLS# 73361893 Copied! • Updated May 19, 2026

About this home

RENEWED opportunity awaits in the heart of the vibrant Woods Hole Community! This charming waterfront property on the Channel overlooking Great Harbor was built in 1916 as a restaurant nad now houses only the third restaurant in over 100 years of their ownership. There is currently a successful and popular full-service restaurant with 70 to 90 seats, which has had strong tenancy for the past 10 years and plans to be continue their success here for many years to come with an updated lease. The building spans 2681 square feet on three floors with views of Great Harbor the Channel into Eel Pond and the ever entertaining Drawbridge! Immerse yourself in the quaint village atmosphere and seize this rare chance to own a piece of Woods Hole History. This is more than just a property; it is a legacy to be respected and cherished!

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
9.1%
Price Range

Property Timeline

Price Reduced
May 15, 2026
$1,050,000 $50,000 (-4.55%)
From $1,100,000 to $1,050,000 (-4.5%)
Price Increased
Mar 5, 2026
$1,100,000 +$100,100 (+10.01%)
From $999,900 to $1,100,000 (+10.0%)
🏠
Listed for Sale
Apr 21, 2025
$999,900
Original listing
Agent: Tracey Spellman Office: Rand Atlantic, Inc.

Tax History

Year Taxes Assessment
2026 $7,123

Financial Details

Annual Property Tax
$7,123
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1916
Lot Size 0.03 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $7,123
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents Site Plan, Tax Return, Owner Provided, May Show Books, Lease Agreement (5)
County Barnstable

Property Overview

Listing Type
Commercial Sale
Year Built
1916

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1916
Structure Type:
Exterior Materials: Frame
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 information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $594
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
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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

Woods Hole

56 Water St, Falmouth MA 02543

Falmouth, MA 02543

Listing Information

Listing Agent Tracey Spellman
Listing Office Rand Atlantic, Inc.
Office Phone 508-232-7722
Agent MLS ID CN221462
Office MLS ID AN2904
Listing Data Updated May 19, 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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