Current Price:$1,550,000List Date:9/16/2025Last Modified:1/29/2026
Description
Prime, highly visible, corner lot in Falmouth near turnpike exit!
This prime development opportunity sits on one of Falmouth's most visible corners, just 0.2 miles from Maine Turnpike Exit 53, and offers exceptional potential for a wide range of permitted uses—including multi‑unit residential, restaurant, office, or retail—pending town approvals. The property consists of two separate lots sold together, each with its own driveway entrance and approval for additional access, and is serviced by public water and sewer. Existing structures include a partially finished 4,000+ SF Insulated Concrete Form (ICF) building with ICF walls in place for two floors and a full basement, concrete first and second floors, a basement designed for business inventory storage, a main level built to allow truck drive‑in access for unloading, and a second floor planned as a two‑unit dwelling, with most windows and many materials for completion already on site. Also included is a 1,260 SF Cape‑style home with 3-4 bedrooms, 2 baths, and a detached garage, which is move‑in ready or easily convertible into a small professional office suitable for medical, dental, real estate, or other service‑based uses. A third dwelling exists on the property but would require significant renovation or demolition. Square footage reflects the combined area of the existing residence and the potential finished space within the ICF structure