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    248-250 Jefferson St Fall River, MA 02721

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    For Sale
    $699,999

    Mixed-use property with bagel shop and residential units in Fall River.

    Lot size:
    0.08 Acres

    Property Features for 248-250 Jefferson St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1900

    Source: ALANTE Real Estate Agent Jennifer Eaton

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

    Overview

    Mixed-Use Investment Opportunity, Fall River

    This mixed-use property is located in Fall River and features a bagel shop at street level, accompanied by two residential units situated above. Each residential unit includes 3 bedrooms, a living room, a formal dining room, and an updated kitchen equipped with granite countertops. Hardwood floors are present throughout the living areas. The property is located less than half a mile from the highway and is within walking distance of shops, restaurants, and public transportation. Off-street parking is available for 5 cars. Fall River is a historic and cultural city nestled along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1442801
    Latitude
    41.6825726

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with bagel shop and residential units in Fall River.
    Where is this mixed-use property located?
    The property is located at 248-250 Jefferson St Fall River, MA.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Mixed-use property with established bagel shop providing immediate income; - Two spacious residential units, each with **3 bedrooms and updated kitchens with granite countertops**; - Convenient location: less than half a mile from the highway and walking distance to amenities
    (508) 944-8161
    Request Owner's contact information
    248-250 Jefferson St Fall River, MA 02721
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    Fall River, MA 02721
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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
    248-250 Jefferson St Fall River, MA 02721
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