Turn-Key Retail Building For
For Sale
Contact for pricing
1226 S Main St, Fall River, MA
Move-in ready retail building with high-traffic location in Fall River.
Property Size520 SF
Lot Size0.01 Acres
Price / SF$305.77
Days on Market530
Property Features for 1226 S Main St
General Information
Standard status
Active
Size
520 SF
Lot size
0.01 Acres
Property subtype
RETAIL
Listing Agency:
Coastal Commercial Real Estate
(508) 736-2387
Listed By:
Lori A. Nery · License #451501061
(508) 736-2387
Source:
Moodyscre
Added: Mar 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:31PM
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 Coastal Commercial Real Estate
Investment Insights
Based on property information with market context.
This recently renovated building on South Main Street in Fall River is move-in ready. The property features a bright, open area with freshly painted walls, updated plumbing and electric, a new roof, vinyl siding, and updated windows. It is situated on a high-traffic, high-visibility corner, ensuring exposure to both foot and vehicle traffic. The property is suitable for a salon, retail, or professional office use. The building has a size of 520 square feet.
Key Highlights
- Turn‑key building with included hair salon equipment.
- Recently renovated with new roof, vinyl siding, updated windows, plumbing & electric.
- Prime location on a high‑traffic, high‑visibility corner.
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
$10,680
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
6.72%
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%
$213,600
$213.6K
Cap Rate 7%
$152,571
$152.6K
Cap Rate 9%
$118,667
$118.7K
Market Conditions
NOI Build-Up for 520 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
$15.6K $30.00/SF
− Vacancy
−$343 −$0.66/SF
EGI
$15.3K $29.34/SF
− OpEx
−$4.6K −$8.80/SF
NOI
$10.7K $20.54/SF
Area
Bristol County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
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%
$213,600
Cap Rate 7%
$152,571
Cap Rate 9%
$118,667
Alternative Uses
Best Use
Retail
$152.6K
$133.5K – $178.0K
NOI $10,680 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Home Improvements & Furnishings 8%
Shops & Services 8%
Electronics 4%
Dunkin' Donuts
Dining
21,347 visits/mo
0.5 miles
Dunkin' Donuts
Dining
9,000 visits/mo
0.2 miles
SUBWAY
Dining
5,183 visits/mo
0.2 miles
Schwartz Hardware
Home Improvements & Furnishings
3,870 visits/mo
0.5 miles
Honey Dew Donuts
Dining
2,320 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Move-in ready retail building with high-traffic location in Fall River.
Where is this retail space located?
The property is located at 1226 S Main St Fall River, MA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Turn‑key building with included hair salon equipment.; Recently renovated with new roof, vinyl siding, updated windows, plumbing & electric.; Prime location on a high‑traffic, high‑visibility corner.
