Established Restaurant and Bar For
For Sale
$395,000
Pending
1019 S Main St, Fall River, MA 02724
Well-established restaurant and bar with full liquor license for sale.
Property Size2,526 SF
Lot Size0.09 Acres
Days on Market266
Property Features for 1019 S Main St
General Information
Standard status
Pending
Size
2,526 SF
Lot size
0.09 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,200
Building Details
Building Size
2,526 SF
Year Built
1981
Listing Agency:
(774) 930-5652
Listed By:
Dawn M. Rusin
(774) 930-5652
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 11
Last Checked: Aug 20 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dawn M. Rusin
Investment Insights
Based on property information with market context.
An opportunity to own a well-established and maintained restaurant and bar is available. The business has been operating for over 40 years, serving patrons from both nearby and distant locations. The sale includes all restaurant equipment, dining room furniture, and bar furniture, along with a full liquor license. The property is centrally located and close to shopping areas and bus routes. The current owners are willing to stay and provide training for a negotiated price. The restaurant and bar will remain open during the sale period.
Key Highlights
- Established restaurant/bar with 40+ years of operation.
- Includes all restaurant equipment, dining room, and bar furniture.
- Full liquor license included in the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,351
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,020
$667.0K
Cap Rate 7%
$476,443
$476.4K
Cap Rate 9%
$370,567
$370.6K
Market Conditions
NOI Build-Up for 2,526 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.5K $18.00/SF
− Vacancy
−$1.0K −$0.40/SF
EGI
$44.5K $17.60/SF
− OpEx
−$11.1K −$4.40/SF
NOI
$33.4K $13.20/SF
Area
Bristol County, MA
Vacancy
2.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,020
Cap Rate 7%
$476,443
Cap Rate 9%
$370,567
Alternative Uses
Best Use
Retail
$741.1K
$648.5K – $864.7K
NOI $51,879 @ 7.0% cap · market cap 13.13%
Second Best
Specialty Retail
$476.4K
$416.9K – $555.9K
NOI $33,351 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$1.54M
$1.35M – $1.79M
NOI $107,680 @ 7.0% cap · market cap 27.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 23%
Electronics 7%
Dunkin' Donuts
Dining
9,000 visits/mo
0.4 miles
SUBWAY
Dining
5,183 visits/mo
0.4 miles
U-Haul Neighborhood Dealer
Shops & Services
2,993 visits/mo
0.4 miles
Honey Dew Donuts
Dining
2,320 visits/mo
0.3 miles
Fisher Auto Parts
Shops & Services
1,289 visits/mo
0.4 miles
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- CME fantastic decorations/ catering — 478 Third St, Fall River, MA 02721
- CraftHouse Bartending — 272 Whipple St, Fall River, MA 02721
Frequently Asked Questions
What type of property is this?
Restaurant - Well-established restaurant and bar with full liquor license for sale.
Where is this restaurant located?
The property is located at 1019 S Main St Fall River, MA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Established restaurant/bar with 40+ years of operation.; Includes all restaurant equipment, dining room, and bar furniture.; Full liquor license included in the sale.
