Divisible Office
For Sale
Contact for pricing
141 N Main St # 1, Fall River, MA 02720
Professionally managed office space with off-street parking and first-floor divisibility.
Property Size7,364 SF
Price / SF$0.00
Days on Market56
Property Features for 141 N Main St # 1
General Information
Standard status
Active
Size
7,364 SF
Property subtype
Commercial
Zoning
B-L
Lease Type
NNN
Additional Details
Floor
1
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$29,723
Building Details
Building Size
7,364 SF
Year Built
1978
Listing Agency:
Equity Real Estate
(508) 679-3998
Listed By:
James Sabra · License #450500342
(508) 951-7994
Source:
Churchillprop
Added: Sep 7
Changed: Oct 31
Last Checked: Nov 1 at 3:54AM
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 Equity Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,364-square-foot office property, built in 1978, offers divisible first-floor space within a professionally managed building. Off-street parking supports day-to-day business operations, while B-L zoning identifies the property’s land-use designation.
The property is located at 141 N Main St # 1 in Fall River, with downtown access to banks, restaurants, the post office, and nearby highways. Its central setting places everyday services and regional road connections close to the office environment.
The property is located at 141 N Main St # 1 in Fall River, with downtown access to banks, restaurants, the post office, and nearby highways. Its central setting places everyday services and regional road connections close to the office environment.
Key Highlights
- 7,364‑square‑foot office property
- First‑floor space can be divided
- Off‑street parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,039
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,420,780
$2.4M
Cap Rate 7%
$1,729,129
$1.7M
Cap Rate 9%
$1,344,878
$1.3M
Market Conditions
NOI Build-Up for 7,364 SF
Gross rent
$201.5K $27.36/SF
− Vacancy
−$40.1K −$5.44/SF
EGI
$161.4K $21.92/SF
− OpEx
−$40.3K −$5.48/SF
NOI
$121.0K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,420,780
Cap Rate 7%
$1,729,129
Cap Rate 9%
$1,344,878
Alternative Uses
Best Use
Office B
$1.73M
$1.51M – $2.02M
NOI $121,039 @ 7.0% cap · market cap 756,493.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.48M
$3.92M – $5.23M
NOI $313,918 @ 7.0% cap · market cap 1,961,987.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,945
Businesses Nearby
Explore this area
Business Placement
Demographics for 02720, MA
31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professionally managed office space with off-street parking and first-floor divisibility.
Where is this office unit located?
The property is located at 141 N Main St # 1 Fall River, MA.
What are key features of this property?
This property features: 7,364‑square‑foot office property; First‑floor space can be divided; Off‑street parking available
