56 Water St Falmouth — Photo 1 of 19
Recent Drop: $-50,100
$1,050,000
56 Water St, Falmouth, MA 02543
Falmouth, MA 02543 — Woods Hole
Beds
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Baths
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SqFt
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Style
Other
Built
1916
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 Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,050,000
Was $1,100,000
May 15, 2026
MLS® 73361893
$1,100,000
Was $999,900
Mar 5, 2026
MLS® 73361893
$1,195,000
Apr 21, 2025
MLS® 73361893
Population
747
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$72K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
20.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Dukes County
170 housing units permitted in the last 12 months (+110% vs the prior 12 months) — 35 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Tracey Spellman
Listing Office: Compass
MLS® Number: 73361893
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