87 Davis Straits, Falmouth MA 02540

Falmouth, MA 02540
$1,400,000
$855,000
Est. $4,892/month
0.35
Acres
1916
Year Built
75
Days on Market
Sale Pending Price Drop -$545,000 Listed May 21, 2026 • MLS# 73522471 Copied! • Updated Aug 6, 2026

Track this home for price, status, and open-house alerts.

About this home

This prime investment and development opportunity is located in the heart of Falmouth’s busy commercial corridor. 87 Davis Straits is a well-maintained professional building currently leased to a high-visibility eye care practice, providing stable in-place income for investors. The property also offers significant upside potential when combined with the abutting property at 83 Davis Straits, creating a rare larger commercial footprint with strong frontage and visibility in a high-traffic location. Just minutes from Falmouth Harbor, Main Street, and the Shining Sea Bikeway, the site benefits from consistent year-round traffic and strong seasonal tourism. Ideal as a buy-and-hold investment, owner-user opportunity, or future redevelopment play, this offering represents one of the more versatile commercial opportunities currently available in Falmouth.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
38.9%
Price Range

Property Timeline

📋
Status: Active under contract
Jul 23, 2026
Active → Active Under Contract
Pending Sale
Jul 22, 2026
Offer accepted, sale pending
Price Reduced
May 30, 2026
$855,000 $545,000 (-38.93%)
From $1,400,000 to $855,000 (-38.9%)
🏠
Listed for Sale
May 21, 2026
$1,400,000
Original listing
Agent: Annie Hart Cool Office: Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $4,424

Financial Details

Annual Property Tax
$4,424
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1916
Lot Size 0.35 acres
Gross Income $32,775
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $4,424
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Barnstable

Property Overview

Listing Type
Sale Pending
Year Built
1916

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1916
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $369
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

Loading map...

Neighborhood

87 Davis Straits, Falmouth MA 02540

Falmouth, MA 02540

Listing Information

Listing Agent Annie Hart Cool
Listing Office Sotheby's International Realty
Office Phone 508-548-2522
Agent MLS ID CT000511
Office MLS ID A95532
Listing Data Updated Aug 6, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Falmouth, MA

Real-time market trends and pricing data for this area

Loading market insights for Falmouth.