Retail Space at Lit
For Sale
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1448 Fall River Ave, Seekonk, MA 02771
Retail and office space with front and rear parking along Route 6 in Seekonk.
Property Size2,000 SF
Price / SF$1.00
Days on Market49
Property Features for 1448 Fall River Ave
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1986
Listing Agency:
Aubin Realty
(508) 336-4000
Listed By:
Diane Aubin
(401) 524-5877
Source:
Lockandkeyre
Added: Aug 29
Changed: Oct 15
Last Checked: Oct 14 at 11:58PM
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 Aubin Realty
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Investment Insights
Based on property information with market context.
This retail space measures 40 feet by 50 feet and was built in 1986. The property combines office and retail functionality within a clean commercial setting, with parking available at the front and additional spaces behind the building. NNN expenses apply.
The property sits on Route 6 at a signalized intersection in Seekonk, across from Warren Avenue and Cumberland Farms. Its address is 1448 Fall River Ave, Seekonk, MA 02771.
The property sits on Route 6 at a signalized intersection in Seekonk, across from Warren Avenue and Cumberland Farms. Its address is 1448 Fall River Ave, Seekonk, MA 02771.
Key Highlights
- 40' x 50' retail and office space
- Located on Route 6 in Seekonk
- Signalized intersection location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,873
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,460
$657.5K
Cap Rate 7%
$469,614
$469.6K
Cap Rate 9%
$365,256
$365.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$54.7K $27.36/SF
− Vacancy
−$10.9K −$5.44/SF
EGI
$43.8K $21.92/SF
− OpEx
−$11.0K −$5.48/SF
NOI
$32.9K $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%
$657,460
Cap Rate 7%
$469,614
Cap Rate 9%
$365,256
Alternative Uses
Best Use
Retail
$586.8K
$513.5K – $684.6K
NOI $41,076 @ 7.0% cap · market cap 2,053.80%
Second Best
Office B
$469.6K
$410.9K – $547.9K
NOI $32,873 @ 7.0% cap · market cap 1,643.65%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,258 @ 7.0% cap · market cap 4,262.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 02771, MA
15,512
Population
6,324
Households
2.5
Avg Household Size
45
Median Age
43%
College-Educated
92%
High-School Grad
18.4 sq mi
ZIP Area
843
Density / Sq Mi
$116,310
Median Household Income
$59,600
Median Earnings
$1,808
Median Rent
$461,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail and office space with front and rear parking along Route 6 in Seekonk.
Where is this retail space located?
The property is located at 1448 Fall River Ave Seekonk, MA.
What are key features of this property?
This property features: 40' x 50' retail and office space; Located on Route 6 in Seekonk; Signalized intersection location
