56 Water St, Falmouth, MA 02543
Barnstable County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1916
Lot Size
0.03 acres
Zoning
B1
MLS® Listing#
73361893
Property Features
Construction
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$7,123
Tax year 2026
Parcel Number
51A S:01 P:001 L:000,3474669
Directions
RT 28 south to Locust St, continue onto Woods Hole Rd, bear right onto Water St.
Affordability Calculator
$210,000
Estimated monthly payment
$5,589/mo
Principal $840,000 · Est. interest $1,171,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Falmouth, MA
- $1,000,000
- Median Listing Price
- 44
- Median Days on Market
- 2,177
- Median Sq Ft
- $554
- Median Price / Sq Ft
- 182
- Active Listings
- This home’s price is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Falmouth, MA.
Location
Points of Interest in Falmouth, MA
Showing the Falmouth area map.
Nearby Schools
Children's School of Science
School · 0.1 mi away
Penikese Island School
School · 0.2 mi away
Falmouth Community School
School · 3.6 mi away
Lawrence School
Secondary · 3.6 mi away
Mullen Hall School
School · 3.6 mi away
Village Science Playground
Elementary · 3.6 mi away
Sandpiper Nursery School
School · 4.0 mi away
Morse Pond School
Secondary · 4.1 mi away
Falmouth Public Schools - Massachusetts
School · 5.0 mi away
Teaticket Park
School · 5.1 mi away
Magic Years Day Care
School · 5.2 mi away
Vineyard Montessori School
Elementary · 5.5 mi away
Falmouth High School
Secondary · 5.6 mi away
West Falmouth Preschool
School · 5.6 mi away
Martha's Vineyard Regional High School
Secondary · 5.8 mi away
Tisbury Elementary
Elementary · 5.8 mi away
East Falmouth Elementary School
Elementary · 6.7 mi away
Martha's Vineyard Public Charter School
Secondary · 7.2 mi away
Oak Bluffs Elementary School
Elementary · 7.5 mi away
North Falmouth Elementary School
Elementary · 8.2 mi away
Commute Calculator
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|---|---|---|---|---|
| 480 Main St 15, Falmouth, MA | $749,000 | 2 | 3 | 1,440 |
| 480 Main Street UNIT 15, Falmouth, MA | $749,000 | 2 | 3 | 1,440 |
| 47 Simmons Rd, Falmouth, MA | $750,000 | 4 | 3 | 1,612 |
| 47 Simmons Road 47, East Falmouth, MA | $750,000 | 4 | 3 | 1,612 |
| 355 Palmer Avenue, Falmouth, MA | $750,000 | 6 | 3 | 1,876 |
| 355 Palmer Avenue, Falmouth, MA | $750,000 | 6 | 3 | 1,876 |
Moving Cost Estimate
EXIT Agents in Falmouth
Listing Courtesy: Rand Atlantic, Inc. - 5082327722
Presented by: Tracey Spellman