We are pleased to offer a rare opportunity to own one of Falmouth’s landmark properties, 269 Foreside Road, home of Town Landing Market. Since operations started in the late 1800’s, this iconic property has long served as a neighborhood cornerstone. It serves the local and summer populations while also being a destination for tourists.
The 3,885± SF building, originally a farmhouse, consists of the Town Landing Market on the first floor, and two apartments on the second and third floors. Current and past owners have made sure to preserve the charm of the property while maintaining the building and staying on top of updates as needed. The entire first floor of the building is occupied and leased long term by the market, which is owned and operated by the local and reputable restaurant group, Big Tree Hospitality. The second and third floors are occupied by two apartments, one 3 bed/ 1 bath, and one 2 bed/ 1 bath. Both are leased to long-term tenants but could be converted to short-term rentals for additional income in a rental market conducive to lucrative nightly rates.
This property combines steady in-place income and upside opportunity in one of Southern Maine’s most desirable coastal neighborhoods.
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