Property profile

56 Water St Fall River, MA 02721

OFF-MARKET
Turn key restaurants
Property ID
US38-0415944
8,515 SF 0.4 ac lot Built 1937
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1937
Construction FRAME
Total area 8,515 SF
Lot 0.4 ac (17,245 SF)
Zoning code IND
APN FALL M:0N-16 B:0000 L:0011
UPID US38-0415944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56 Water St Fall River, MA 02721-1542
Fall River metro Census 641000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$980k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k

Owner & transaction history

since 2023
Last sale
$1.2M
6 recorded transactions
2025
Price N/A
2023
$1.2M
2023
Price N/A
2023
Price N/A
2005
Price N/A
2003
$420,000

Zoning & alternative use

IND · Fall River, MA
Top alternative use upside
Apartment house (5+ units) $1.4M +21.5%
Auto repair, garage $1.3M +20.0%
Neighborhood: shopping center $1.3M +15.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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