382 Main St - Hospitality FOR SALE


Falmouth, MA 02540
$2,750,000 USD
508-958-6927
382 Main St, Falmouth, MA for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

382 Main St
Falmouth, MA 02540


OVERVIEW

A rare Cape Cod hospitality opportunity offered for the first time in nearly 50 years! The Town & Beach Motel, ranked #4 on Trip Advisor, is a well-established 17-unit motel ideally situated on Main Street in the heart of Falmouth, just a short walk to the beach, Village Green, restaurants, shops, and all that downtown has to offer. The approximately 5,500 SF property occupies a highly visible quarter-acre parcel and includes a spacious owner's/manager's residence featuring a full kitchen, living room, three bedrooms, and three full bathrooms--ideal for on-site management or additional lodging potential. With generations of family ownership, this iconic property presents a unique opportunity to acquire a turnkey lodging business in one of Cape Cod's most desirable destinations. Outstanding walkability, a prime in-town location, and strong tourism fundamentals provide an exceptional foundation for continued operation, repositioning, or future value enhancement. Opportunities like this are exceedingly rare. New water heater. New plumbing. Most rooms updated.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$655 USD /SF

# OF ROOMS

17

PRICE/ROOM

$161,765 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town and Beach Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,574 SF

ZONING

B2

APN/PARCEL ID

FALM-000038A-000008-000093

ASK ABOUT THIS PROPERTY

Mike ValentinePremier CommercialMore Info
508-958-6927

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Mike ValentinePremier CommercialMore Info
508-958-6927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.