Great opportunity to own a mixed-use 6+ unit property in the heart of Fall River's up and coming downtown/Historic District. The first level is currently set up with 3 spacious offices, a conference room, a kitchen, and a full bathroom, The second level consists of 3 residential units: (2) 1 bed units and a studio apartment. The spacious third level is currently set up as a walk-up attic - potential for expansion. The ground level that runs along Rock Street currently consists of 2-3 commercial storefront units and includes several offices and a half bath. This property is a 4 minute drive to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Walking distance to restaurants, coffee shops, offices, banks as well as city hall. Minutes from Route 24 and I-195. This property has the potential for a 7-9% cap rate. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed.
This home has been viewed 43 times
Last Checked: May 7th, 2024 at 4:42am (Source: MLS PIN #73145582)
General Information for 251 Bank Street, Fall River MA 02720
Listing ID73145582
Property TypeCommercial Sale
Price$525,000
Style
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Garage Parking
ZoningA-3
AssociationNo
Year Built1836
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 251 Bank Street, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 251 Bank Street, Fall River MA 02720