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1429 S Main St
Fall River, MA 02724 Downtown Fall River

$764,267 USD

Office For Sale  •  4,254 SF

Property Details

• Property Type Office
• Total Building Size 4,000 SF
• Lot Size 0.06 AC
• Building Class C
• Year Built 1915
• Cap Rate 7.50 %
• Tenancy Multiple
• Zoning B-L

35 Transit Score

89 Walk Score

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.

Cap Rate:

7.50 %

Public Transportation

Airport	Drive	Walk	Distance
Rhode Island Tf Green International	38 min	-	24.9 mi