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Property profile & analytics
FOR LEASE
Turn key restaurants

1151 Fall River Ave Seekonk, MA 02771

3,585 SF 0.7 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US38-0705533
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Total area 3,585 SF
Lot 0.7 ac (30,405 SF)
Zoning code HB
APN SEEK M:0070 B:0000 L:00820
UPID US38-0705533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$694k
Blend (final) Blend
$695k
Owner & transaction history
Seekonk Realty Vent LLC · 5 yrs held
Seekonk Realty Vent LLC
since 2020
Last sale
$600,000
4 recorded transactions
2020
$600,000
2018
Price N/A
2007
$1.8M
2007
$865,000
Zoning & alternative use
HB · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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