246 E Main St Fall River, MA 02724

1,716 SF 0.08 ac lot Built 1920

Entity Owned 15-yr Hold ~ Est. High Equity

Property ID

US38-0168836

$329,000 1,716 SF

246 E Main St, Fall River, MA 02724
View Listing →

Google Maps

This 1760 square foot retail space, located at 246 E Main St in Fall River, Massachusetts, presents a unique investment opportunity. Previously a pharmacy, this vacant building offers versatile space suitable for a variety of businesses, including a laundromat, convenience store, or office. The property features six off-street parking spaces at the rear, a significant advantage in a busy area. Built in 1920, the building underwent extensive renovations in 2007, including a complete interior refresh with new lighting, ceiling tiles, and a kitchen. Further upgrades in 2018 included replacement of the brick siding and windows. A new roof was installed in 2011, and the property boasts an upgraded 200-amp electrical panel. The 1,716 square foot net rentable area is complemented by a spacious basement providing ample storage. Situated on a 3,611 square foot lot, the property is zoned B-L and is conveniently located on a bus route. All furniture and display fixtures are included in the sale. The asking price is $349,000, translating to $198.30 per square foot. The property is available for occupancy on August 15, 2024. This is an exceptional opportunity to capitalize on Fall River's economic revitalization and establish a thriving business in a prime location.