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$3,295,000 Just Listed

  • For Sale
  • Active
  • Commercial
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WH Market & 68 Seat Restaurant offers a rare opportunity to acquire a landmark waterfront retail and restaurant property in the heart of one of Cape Cod's most iconic villages. Overlooking scenic Eel Pond, this 3,744± SF two-story building sits on a .70± acre site and includes a fully operational, well-established market on the first floor plus a fully equipped 68-seat restaurant on the second level. This highly visible Water Street location benefits from steady foot traffic, street parking, and close proximity to renowned marine laboratory and research employers, ferry activity, marinas, shops, and dining destinations. The offering includes existing inventory, providing immediate operational value for an owner-user or investor seeking a turnkey hospitality and retail asset. Patrons and guests can enjoy a unique waterfront setting with inviting indoor spaces and dramatic upper-level dining views over Eel Pond. Property combines irreplaceable location in a premier coastal destination.

Full Property Details for 87 Water St

General

  • Price: $3,295,000
  • Taxes: $10,475 (2026)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73506364
  • Updated: 4/27/2026
  • Added to Site: 5 day(s) ago

Location

  • County: Barnstable

Structural Information

  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.07

Financial Considerations

  • Tax Amount: $10,475
  • Tax Year: 2026

Disclosures and Reports

  • Property ID: 2321138

Listed by Hartel Realty, Greg Hartel

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Listing agent

— 87 Water St —

  • Greg Hartel

    Hartel Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87 Water St

School District:Falmouth School District
NameGradesDistance
Mullen-Hall Elementary School
130 Katharine Lee Bates Road, Falmouth, MA 02540
K-43.6 mi
Lawrence School, Falmouth, MA
113 Lakeview Avenue, Falmouth, MA 02540
7-83.6 mi
Falmouth High School, Falmouth, MA
874 Gifford Street, Falmouth, MA 02540
9-125.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 87 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$3,295,000
199.55%
MLS
12/29/2010
Sold
$1,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 87 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,294
—
$1,753,700
7%
2024
$10,308
8%
$1,641,400
20%
2023
$9,503
-3%
$1,373,200
13%
2022
$9,823
-2%
$1,220,200
4%
2021
$10,014
-1%
$1,178,100
—
2020
$10,124
3%
$1,178,600
3%
2019
$9,790
2%
$1,143,700
3%
2018
$9,594
1%
$1,115,600
—
2017
$9,506
2%
$1,114,400
—
2016
$9,328
3%
$1,114,400
—
2015
$9,088
14%
$1,109,600
14%
2014
$7,964
1%
$977,200
—
2013
$7,857
—
$977,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Hartel Realty, Greg Hartel

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87 Water Street, Falmouth, MA 02543 (MLS# 73506364) is a Commercial property. 87 Water Street is currently listed for $3,295,000 and was received on April 23, 2026. Want to learn more about 87 Water Street? Do you have questions about finding other Commercial real estate for sale in Falmouth? You can browse all Falmouth real estate or contact a Coldwell Banker agent to request more information.

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