This once in a lifetime opportunity is very special. Once known as the Falmouth Hotel, this mixed-use building can be used as a combination of residential and commercial. The location is in the heart of the city, on sewer. Luxury Condominiums? Workforce Housing? Restaurant/Commercial and Residential? This is a well-positioned blank canvas. Take note developers, this is a legacy project that needs renovation. Once developed, this prominent location has the potential to shape the culture of downtown Falmouth as a central location for generations to enjoy.
Sold for $3,200,000
$3,200,000
359 Main Street, Falmouth, MA 02540
25beds
13,588sqft
Multi Family
Built in 1890
-- sqft lot
$3,051,300 Zestimate®
$236/sqft
$2,089 Estimated rent
Home value
$3,051,300
$2.35M - $3.91M
$2,089/mo
Zestimate® history
Owner options
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$2,089/mo
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$15,155/mo
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Zillow last checked:
Listing updated:
Listed by:
Southworth Group 508-444-2042,
Berkshire Hathaway HomeServices Robert Paul Properties
Bought with:
Azarian Team
Kinlin Grover Compass
Source: CCIMLS,MLS#: 22400068
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 25
- Bathrooms: 27
- Full bathrooms: 23
- 1/2 bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Hardwood, Carpet, Tile, Laminate, Wood
- Basement: Bulkhead Access,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 13,588
- Total interior livable area: 13,588 sqft
Property
Features
- Stories: 3
- Exterior features: None
Lot
- Size: 0.57 Acres
Details
- Parcel number: 47B 01 013 000
- Zoning: B2
- Special conditions: Standard,None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Clapboard
- Foundation: Stone
- Roof: Asphalt
Condition
- Actual
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Falmouth
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2024 | Sold | $3,200,000$236/sqft |
Source:  CCIMLS #22400068 Report a problem | ||
| 3/14/2024 | Pending sale | $3,200,000$236/sqft |
Source: CCIMLS #22400068 Report a problem | ||
| 2/1/2024 | Contingent | $3,200,000$236/sqft |
Source: MLS PIN #73192162 Report a problem | ||
| 1/9/2024 | Listed for sale | $3,200,000+431.1%$236/sqft |
Source: CCIMLS #22400068 Report a problem | ||
| 5/4/2000 | Sold | $602,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,365 +14.3% | $1,765,700 +22.3% |
| 2024 | $9,066 +3% | $1,443,700 +13.5% |
| 2023 | $8,805 -5.8% | $1,272,400 +9.6% |
| 2022 | $9,347 +2.5% | $1,161,100 +8.2% |
| 2021 | $9,120 +0.8% | $1,072,900 +1.8% |
| 2020 | $9,050 +3.7% | $1,053,600 +3.3% |
| 2019 | $8,731 +1.5% | $1,020,000 +2% |
| 2018 | $8,600 +4.9% | $1,000,000 +4.1% |
| 2017 | $8,195 +1.9% | $960,700 |
| 2016 | $8,041 +2.7% | $960,700 +0.4% |
| 2015 | $7,833 +11.8% | $956,400 -1.8% |
| 2011 | $7,009 +6.5% | $973,500 -0.2% |
| 2010 | $6,583 +1.5% | $975,200 -8.6% |
| 2009 | $6,487 +4.9% | $1,067,000 -2.5% |
| 2008 | $6,184 +14.2% | $1,094,500 +6.1% |
| 2007 | $5,414 -3.2% | $1,031,300 +0.1% |
| 2006 | $5,593 -1.2% | $1,030,100 +6.1% |
| 2005 | $5,660 -22.3% | $970,800 +1% |
| 2004 | $7,288 +20.2% | $961,500 +26.2% |
| 2003 | $6,064 | $761,800 |
Find assessor info on the county website
Neighborhood: 02540
Nearby schools
GreatSchools rating
- 3/10Mullen-Hall Elementary SchoolGrades: K-4Distance: 0.1 mi
- 5/10Lawrence SchoolGrades: 7-8Distance: 0.3 mi
- 6/10Falmouth High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Falmouth
Source: CCIMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$3,051,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,051,300
- Massachusetts
- Barnstable County
- Falmouth
- 02540
- 359 Main Street
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