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Mixed-Use Property With Restaurant
New
For Sale
$4,800,000

1569 Pleasant St, Fall River, MA 02723

Restaurant space occupies the commercial component, with residential units positioned above.

Property Size1,897 SF
Days on Market5

Property Features for 1569 Pleasant St

General Information

Standard status Active
Size 1,897 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Building Size 1,897 SF
Year Built 1897
Tenancy Multi
Listing Agency: RE/MAX Legacy
Listed By: Blake Starratt
Source: Iverty
Added: Aug 30 Changed: Sep 3 Last Checked: Sep 2 at 4:42PM

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 RE/MAX Legacy

Investment Insights

Based on property information with market context.

This mixed-use property combines a restaurant with a residential component in the same building. The restaurant occupies the commercial portion, while 10+ residential units are situated above, creating a clearly defined arrangement of business and residential space.

Built in 1897, the property is located at 1569 Pleasant St in Fall River, Massachusetts. Its combination of restaurant space and upper-level residences gives the asset a distinct mixed-use configuration within the local market.

Key Highlights

  • Restaurant space with 10+ residential units above
  • Mixed‑use configuration combining commercial and residential components
  • Constructed in 1897

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

974
Businesses Nearby

Demographics for 02723, MA

16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space occupies the commercial component, with residential units positioned above.
Where is this mixed-use property located?
The property is located at 1569 Pleasant St Fall River, MA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Restaurant space with 10+ residential units above; Mixed‑use configuration combining commercial and residential components; Constructed in 1897
More about this property
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