$694,787 USD
617-977-4362
1429 S Main St
Fall River, MA 02724
Downtown Fall River
HIGHLIGHTS
- Recent Capital Improvements: New roof installation and comprehensive renovation of one apartment unit, reducing near-term capital expenditure
- Two 2-Bedroom Residential Units: Well-configured apartment layouts providing stable rental income potential and diversified tenant demand.
- Supplemental Billboard Income: Additional revenue stream generated from on-site billboard, enhancing overall cash flow and return profile.
- Multiple Income Streams: Combination of residential tenancy and ancillary billboard revenue supports diversified and resilient income generation.
- Business-Local (B-L) Zoning: Favorable zoning designation allowing for a range of commercial uses, providing operational flexibility
- High-Traffic Location (±14,800 VPD): Strong daily traffic counts along Route 138 (South Main Street), supporting visibility and tenant exposure.
FOR SALE DETAILS
PRICE
$694,787 USD
PRICE/SF
$190 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1915
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
B-L
APN/PARCEL ID
FALL-000026G-000000-000056
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617-977-4362
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617-977-4362
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