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    246 E Main St Fall River, MA 02726

    For Sale
    $329,000

    Meticulously maintained building in a vibrant, walkable Fall River community.

    Property size:
    1,760 SF
    Lot size:
    0.08 Acres

    Property Features for 246 E Main St

    General Information

    Size
    1,760 SF
    Lot size
    0.08 Acres

    Source: Coastal Commercial Real Estate Agent Rick Trapilo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fall River Retail Opportunity

    This meticulously maintained building on East Main St in Fall River presents an opportunity for investors and business owners. The property, formerly a neighborhood pharmacy, includes six off-street parking spots at the rear. The versatile space is suitable for various businesses, including a laundromat, convenience store, or office space. Upgrades include brick siding and windows replaced in 2018, a 200 amp electric panel, and a roof installed in 2011. A complete renovation in 2007 introduced new lighting, ceiling tiles, and a refreshed interior with a kitchen. The property also features a spacious basement for additional storage. Located in a walking community, the property offers potential for growth. The property size is 1,760 square feet. All furniture and display fixtures are included.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Similar Places Nearby

    Walgreens Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, Tetee Kuyateh, John Wilkins, Livonia Lau

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1668654
    Latitude
    41.6871442

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    FAQs

    What type of property is this?
    Drug store - Meticulously maintained building in a vibrant, walkable Fall River community.
    Where is this drug store located?
    The property is located at 246 E Main St Fall River, MA.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: - Prime location on East Main St in revitalizing Fall River.; - Enjoy the convenience of 6 off-street parking spots.; - Versatile space suitable for various businesses (laundromat, convenience store, office, etc.).
    (774) 644-3420
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    Fall River, MA 02726
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    Realmo Value Estimation

    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.

    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.

    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
    246 E Main St Fall River, MA 02726
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