56 Water StreetFalmouth, MA 02543MLS Number 22501624

  • Price: $1,050,000
  • 398 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.04Acreage
  • 1916Year Built
  • 2,681Square Feet
  • ActiveMls Status
Active
56 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 0254356 Water Street Falmouth MA 02543
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Cape Coastal Sotheby's International Realty
Cape Coastal Sotheby's International Realty
Office: 508-477-6688
540 Falmouth Road (Mashpee Rotary)
Mashpee, MA 02649
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 and 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 been in 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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Location Information

  • Directions RT 28 south to Locust St, continue onto Woods Hole Rd, bear right onto Water St.

School Information

  • High School DistrictFalmouth

Basic Information

  • List Price$1,050,000
  • Cape Cod22501624
  • Modification Date05/15/2026
  • Property SubTypeRestaurant

Property

  • Acreage0.04

Interior

  • Flooring Hardwood, Wood

Utilities

  • Cooling YN Yes
  • Electric Electric 200 Amps
  • Gas At Street
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Natural Gas Available, High Speed Internet, Electricity Available

Water Body

  • Water AccessPublic
  • Water Body NameEel Pond
  • Water Body TypeSalt
  • WaterfrontYes
  • Waterfront Features Ocean Front

Basic Information

  • Lot Features
    • Bike Path
    • In Town Location
    • Level
    • Marina
    • Private
    • Shopping
    • South of Route 28
  • Mls Status Active
  • Parcel Number 51A 01 001 000

Location

  • Address56 Water Street
  • Building Number56
  • CountyBarnstable
  • StateMA
  • StreetWater Street
  • TownFalmouth
  • Zip02543

Exterior

  • Exterior Features Rear Entrance, Sign
  • RoofAsphalt, Pitched

Property Information

  • Living Area Units Square Feet
  • Lot Size Square Feet 1,742
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled
  • Square Feet2,681

Tax Information

  • Tax Assessed Value $1,213,400
  • Tax Year 2026
  • Taxes$7,123

Parking

  • Parking Spaces

Building

  • BasementCape Cod, Interior Entry
  • Building Area Units Square Feet
  • Building Features Dining Area - Some, Year Round, View, Sump Pump, Recessed Lighting
  • Construction Materials Shingle Siding, Plaster, Sheet Rock, Frame
  • Door Features Insulated Doors - All
  • Foundation
    • Block
    • Concrete Perimeter
    • Pilings
    • Pillar/Post/Pier
    • Poured
    • Stone
  • Year Built1916

Amenities

  • Accessibility Features Handicap Access
  • Appliances IncludedGas Water Heater
  • Other AmenitiesBasement, Waterfront
  • Security Features Fire Sprinkler System, Fire Alarm

Other

  • Date Listed04/14/2025
  • Nitrogen Sensitive AreaYes
  • Special Listing Conditions Standard
  • Tenant Pays Exterior Maintenance, Taxes, Janitorial Service, Gas, Electricity, Water, Snow Removal, Interior Maint, Taxes, Insurance
  • View Count8

Driving Directions

Listed by Tracey Spellman of Rand Atlantic Inc.

Falmouth, MA Demographics

There is no data available

Falmouth, MA Real Estate Market Data

There is no data available

Falmouth, MA Schools

School NameDistanceTypeGrades

broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Cape Coastal Sotheby's International Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Cape Coastal Sotheby's International Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated May 16, 2026 4:21 PM EDT. All properties are subject to prior sale, changes, or withdrawal.

Cape Coastal Sotheby's International Realty has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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