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Located in Falmouth's versatile Village Mixed Use district, this well-maintained commercial property is a great investment opportunity with immediate income and future flexibility. Just minutes from retail amenities, and dining, easy access to I-95, the Falmouth Spur, and Portland, this location is ideal for business success. The building is currently leased to five office tenants as well as a pilates studio, creating a stable and diverse revenue stream. Originally built in 1910, the building features classic architectural charm and period details throughout, creating a unique and inviting environment for tenants, clients or your own business. The flexible layout spans approximately 2,176 sqft across two levels allowing for a variety of uses. The 1 acre lot is enhanced by a wrap-around driveway, ample on-site parking, water frontage on the Piscataqua River and excellent visibility, making it extremely accessible for customers or tenants. Village Mixed Use zoning allows for a wide range of permitted uses, making this an ideal opportunity for someone seeking a home for their own business or for income today through continued office use, or future redevelopment/repositioning opportunities, residential conversion, or expansion (subject to local approvals). Recently renovated with heat pumps, refinished hardwood floors and fresh paint, this property is worth a look!
Property Type(s):
Commercial
| Last Updated | 5/27/2026 | Year Built | 1910 |
|---|---|---|---|
| County | Cumberland |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Clapboard, Frame, Wood Siding |
| HEAT | Electric, Forced Air, Heat Pump, Oil |
| LOT | 1 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 1.0 |
| MLS STATUS | Active |
| PARKING | On Site, Paved, Off Street |
| TAXES | 5676 |
| WATER | Public |
| WATERFRONT | Yes |
Listing provided by Portside Real Estate Group
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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