Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fall River Commercial Space Title is generated by Realmo AI

    187 Brightman St, Fall River, MA 02720

    View on Map
    Claim this Listing
    For Lease
    $700 /Mo

    COMMERCIAL - Fall River, MA

    Added:
    May 6, 2026
    Days on Market:
    13
    Last Refresh:
    May 18 at 12:06 am

    Property Features for 187 Brightman St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    C
    Standard status
    Active
    APN
    2836984

    Taxes and HOA fees

    Tax Year
    2026

    Building Details

    Year built
    2026

    We can help!

    Listing Contact
    Eddie Lopez
    Eddie Lopez

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date May 6, 2026

    MLS# 73513410

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High foot traffic location on a busy street.
    • Proximity to public transportation (T station).
    • Open layout ready for custom build‑out.
    • Suitable for a variety of businesses.
    • Ample signage opportunities.
    • Flexible lease terms.

    Overview

    This commercial space is available for rent on a busy street near the T station. The location experiences high foot traffic and offers transit access. The open layout is ready for a custom build-out, and there are ample signage opportunities available. The space is suitable for a variety of businesses, including a salon or spa, coffee shop or cafe, boutique retail store, or fitness studio. It provides an ideal opportunity for tenants to customize the space according to their specific needs and branding. Flexible lease terms are available. This location offers a foundation for success for starting a new venture or expanding an existing one.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abel Barber Shop Barber Shop Barbearia Portugal Barber Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.150598
    Latitude
    41.721661

    Nearby Similar for Lease

    • $850/Mo

      Versatile Commercial Space, Fall River

      Adaptable commercial space in Fall River's bustling Pleasant Street.
      1792 Pleasant, Fall River, MA 02723
      View Details
    • $2,500/Mo

      Fall River Storefront/Office Space

      Storefront or office space in Fall River's CBD zoning.
      201 S Main St, Fall River, MA 02721
      View Details
    • $4,000/Mo
      20,000 SF

      Fall River Commercial Property Lease

      Versatile commercial spaces suitable for warehouse, retail, or manufacturing.
      251 South Main St, Fall River, MA 02717
      View Details
    • $14 SF/Yr
      1,500 SF

      Fall River Office Space Available

      Office space for lease in central Fall River district.
      55-57 N Main St 201, Fall River, MA 02720
      View Details
    • $1,700/Mo

      Renovated First Floor Office Space

      Renovated first-floor office space with included utilities and convenient location.
      397 Bay St 1, Fall River, MA 02724
      View Details
    • $2,700/Mo

      Turnkey Barbershop in High-Traffic Area

      Fully built-out barbershop with modern amenities in a prime location.
      175-179 E Main St 1, Fall River, MA 02724
      View Details
    • $1,000/Mo

      Fall River Office Space Available

      Office space for rent in central Fall River district.
      260 N Main St L-05, Fall River, MA 02720
      View Details
    • $2,500/Mo

      Fall River Office/Storefront Space

      Office or storefront space with high visibility in Fall River.
      201 S Main St, Fall River, MA 02721
      View Details
    • $8 SF/Yr
      6,500 SF

      Commercial Space with High Ceilings

      6,500 sqft commercial space for lease with extension options.
      1533 South Main Street, Fall River, MA 02724
      View Details
    • $16 SF/Yr

      Downtown Office Space Available

      Professional office space with parking, close to amenities and highways.
      141 N Main St 1, Fall River, MA 02720
      View Details
    • $16 SF/Yr

      Industrial-Style Flexible Office/Storage Space

      Versatile space suitable for office, storage, or recreational use.
      101 Front St, Fall River, MA 02721
      View Details
    • Contact for pricing
      17,080 SF

      Shopping Center and Flex Space

      Shopping center with flex space available for lease.
      933 Pleasant Street, Fall River, MA, 02723
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial space for rent near T station in Fall River.
    Where is this retail space located?
    The property is located at 187 Brightman St Fall River, MA.
    What is the lease rate?
    The lease rate is $700 /Mo.
    What are key features of this property?
    This property features: High foot traffic location on a busy street.; Proximity to public transportation (T station).; Open layout ready for custom build‑out.
    (508) 999-4424
    We can help!
    Listing Contact
    Eddie Lopez
    Eddie Lopez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    187 Brightman St, Fall River, MA 02720
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!