Commercial space for sale: 883 N Main St, Fall River, MA 02720
$579,000 · For sale
- Size: 2,478 SF
- Property type: Commercial
- Cap rate: 6.5%
Highlights
- 6.5% cap rate
Versatile Investment or Owner-User Opportunity –Excellent opportunity to acquire a 2,478 SF commercial property situated along North Main Street in Fall River, within an established residential and commercial neighborhood. The property features two commercial spaces currently occupied by a nail salon and Chinese restaurant, both operating on month-to-month tenancies,both there for over 20 years, providing a prospective buyer with the flexibility to maintain existing rental income or explore owner-occupancy opportunities.Offering a 6.5% capitalization rate, this property presents an attractive investment opportunity with the added benefit of future occupancy flexibility. Conveniently located near Fall River's new commuter rail station, the property benefits from accessibility to surrounding neighborhoods, local businesses, and area amenities. Street parking serves the property, with a commercial plaza located directly across the street.An appealing opportunity for investors, entrepreneurs, or business owners seeking an established commercial location with income potential and flexibility for future use.
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To ask about this space or arrange a showing, call Benjamin Realty at (617) 734-5050 or email [email protected].