Prime mixed-use opportunity in Historic Downtown Fall River. Prominently located at the corner of Bank & High St within an Opportunity Zone and minutes to the waterfront, restaurants, CBD, and the new South Coast Rail Train Station. This building has undergone major exterior rehab including new vinyl siding, windows, roof, trusses, and striking stonework with stately columns. Ideal for medical or professional offices, or potential conversion to up to 8 residential units (buyer to verify). Interior is partially gutted, offering a true blank canvas. Second and third floors feature sliders to walkout areas with potential for decks and scenic downtown views. Strong corner visibility in an area poised for continued growth and revitalization. Interior rehab required. Sold As-Is / Where-Is.
This home has been viewed 26 times
Last Checked: January 15th, 2026 at 5:29am (Source: MLS PIN #73467120)
Gross Income: $0
Gross Expenses: $8,121
Net Income Calc: $8,121
CAP Rate: -1.17%
Annual Expenses for 289 Bank St, Fall River MA 02720
Total Gross Expenses (Calculated)$8,121/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,121
Annual Income & Unit Breakdown for 289 Bank St, Fall River MA 02720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 289 Bank St, Fall River MA 02720
Listing ID73467120
Property TypeMulti Family
Price$695,000 ($143.95/SqFt)
Style5+ Family - 5+ Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total4,828 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningMulti
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 289 Bank St, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 289 Bank St, Fall River MA 02720
Real Estate Taxes$8,121
Tax Year2026
Assessed Value$707,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.17%
Location Information for 289 Bank St, Fall River MA 02720
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Public Transportation
Contact Information for 289 Bank St, Fall River MA 02720