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Single-Building Retail Plaza
For Sale
$3,000,000

406 South Main Street, Fall River, MA 02721

Single-building plaza with leases in place for five tenants and ample parking at South Main Street in Fall River.

Property SizeContact for details
Days on Market53

Property Features for 406 South Main Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $19,417

Building Details

Year Built 1986
Tenancy Multi
Listing Agency: Ponte & Associates Real Estate
Listed By: Joseph Ponte
Source: Classifiedrealtygroup
Added: Jul 15 Changed: Sep 4 Last Checked: Sep 4 at 1:53AM

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 Ponte & Associates Real Estate

Investment Insights

Based on property information with market context.

This single-building retail plaza is offered for sale with leases currently in place for five tenants, including some franchise tenants. Several tenants have been in place for 20+ years. The property is described as having plenty of parking to support day-to-day tenant operations.

The building is located at 406 South Main Street in Fall River, MA. At the back of the building, there is an additional parcel where there has been discussion of pursuing a special permit to build 2–3 condos or add parking.

The seller notes the transaction as suitable for a 1031 exchange purchase and indicates they will consider seller financing with the right offer.

Key Highlights

  • Single‑building plaza built in 1986
  • 5 tenants with leases in place, including some franchise tenants
  • Some tenants have been in place for 20+ years

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Computer & Electronic Repair HVAC Service Hotel & Motel Acupuncture (Bike/Boat/Book/etc) Store

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

1,241
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 38% Home Improvements & Furnishings 4% Electronics 2%
Dollar Tree Shops & Services
26,517 visits/mo 0.4 miles
Dunkin' Donuts Dining
21,347 visits/mo 0.4 miles
McDonald's Dining
16,328 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,000 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
6,783 visits/mo 0.4 miles

Demographics for 02721, MA

28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Single-building plaza with leases in place for five tenants and ample parking at South Main Street in Fall River.
Where is this strip mall located?
The property is located at 406 South Main Street Fall River, MA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Single‑building plaza built in 1986; 5 tenants with leases in place, including some franchise tenants; Some tenants have been in place for 20+ years
More about this property
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