1151 Fall River Ave Seekonk, MA 02771
- Turn key restaurants
- 3,585 SF
- 0.70 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1151 Fall River Ave
- Year built
- 1986
- Lot size
- 0.70 lot acres
- Property size
- 3,585 SF
- Zone code
- HB
- Property type
- Turn key restaurants
- APN
- SEEK M:0070 B:0000 L:00820
- APU
- SEEKM0070B0000L00820
Description
This exceptional 3,585-square-foot commercial property, formerly a Friendly's restaurant, presents a unique opportunity for lease in the vibrant town of Seekonk, Massachusetts. Located at 1151 Fall River Avenue, this single-tenant space boasts high visibility and ample square footage, ideal for a variety of retail or restaurant concepts. The entire building is currently vacant, offering a blank canvas for a prospective tenant to customize and design their ideal space. Situated in Bristol County, this property benefits from convenient access to major roadways, ensuring high traffic flow and excellent customer accessibility. The building's existing infrastructure provides a solid foundation for a quick and efficient build-out, minimizing upfront costs and maximizing return on investment. With its prime location and substantial size, this property is perfectly positioned to attract a significant customer base. The address is 1151 Fall River Ave, Seekonk, MA 02771. This is a rare opportunity to acquire a well-situated commercial space in a thriving community. The property type is classified as retail and restaurant, offering flexibility for a range of businesses. The building's size and location make it an attractive proposition for businesses seeking high visibility and convenient access for their customers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this exciting opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $620,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $630,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $555,000
- Mixed-Use
- $525,000
- Hospitality
- $525,000
- Educational
- $545,000
- Residential Income
- $615,000
- Energy
- $555,000
- Income-Based Land
- $680,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Seekonk
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.328
- Latitude
- 41.7934
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA