100 Rock StFall River, MA 02720

Property Details for 100 Rock St

Year built

1871

Lot size

0.69 AC

Property size (Sq ft)

17,160 SF

Zone code

N/A

Property type

Retail properties

Property subtype

Turn key restaurants

APN

FALL M:0N-07 B:0000 L:0006

APU

FALLM0N07B0000L0006

Description

This exceptional investment opportunity presents a vacant, 17,160-square-foot warehouse situated on a 0.69-acre lot in Fall River, Massachusetts. The property, located at 100 Rock St, zip code 02720, comprises two buildings with two stories and offers ample parking for 20 vehicles. The property is listed as a NNN lease type and includes two units, totaling 17,160 square feet. One unit is 4,377 square feet, and the other is 12,783 square feet. The lot size is 29,913 square feet. This property boasts a rich history, having served as the Central Congregational Church, designed by Hartwell & Swasey and listed on the National Register of Historic Places. Its past includes being the former church of Lizzie Borden, the International Culinary Academy & Abbey Grille, and even a filming location for Aerosmith's "Cryin'" music video. This landmark property presents a unique chance for adaptive reuse or redevelopment, capitalizing on its prime location and historical significance in Fall River's vibrant landscape. The property is currently vacant, allowing for immediate occupancy or redevelopment plans. This is a rare opportunity to acquire a piece of Fall River's history and create a significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $4,170,479

  6.5%

  $3,849,673

  7%

  $3,574,696

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,650,156

  Geo Method

  $5,650,156

• Alternative Use

  Use

  Valuation

  Residential

  $3,247,343

  Hospitality

  $2,974,549

  Educational

  $2,474,790

  Medical

  $2,559,902

  Retail

  $3,849,673

Location Insight

City

Fall River

County

Bristol

State

Massachusetts

Latitude

41.7029

Longitude

-71.1535

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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