$549,900
$50K PRICE DROP

Estimated payment $3,913/month

Total Views 6,207
-- Bed
-- Bath
5,322 Sq Ft
$103 Price per Sq Ft

About This Home

Exceptional Commercial/Mixed-Use Property in a Prime Downtown Location! The seller previously received a variance from the City of Fall River to convert the property into a 5-unit residential building. While the variance has recently expired, the seller is reapplying for the variance. Seller also has proposed plans for the 5-unit. Discover an outstanding opportunity with this versatile, open-floor-plan property spanning over 5,300 sq. ft. Located on South Main St. in downtown Fall River, this property boasts premium visibility and is in great condition. Perfectly suited for a medical office, dental practice, law firm, spa, studio, professional office, florist, or other business ventures, this property features ample parking, ensuring convenience for both clients and staff. Zoned for both commercial and residential use, this space offers unmatched flexibility for investors or owner-operators. Don’t miss this incredible opportunity—schedule a tour today

Listing Agent

Luisa Soares

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,196

Year Built

  • Built in 1965

Lot Details

  • 8,455 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,322 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number M:0I08 B:0000 L:0004,2827946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,196

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1965
  • Levels: 2
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Basement: Full
  • Above Grade Finished Sq Ft: 5322
  • Living Area: 5322
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN3817
  • LIST PRICE PER Sq Ft: 103.33
  • PRICE PER Sq Ft: 103.33

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0I08 B:0000 L:0004,2827946
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8455
  • Lot Size Units: Acres
  • PAGE: 7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10196
  • Tax Book Number: 3637

Multi Family

  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,516 $441,300 $160,500 $280,800
2024 $10,196 $425,900 $152,900 $273,000
2023 $9,637 $374,100 $127,400 $246,700
2022 $10,112 $374,100 $127,400 $246,700
2021 $9,703 $326,700 $127,400 $199,300
2020 $9,633 $314,700 $117,800 $196,900
2019 $9,700 $309,300 $117,800 $191,500
2018 $9,597 $308,400 $117,800 $190,600
2017 $6,551 $213,800 $117,800 $96,000
2016 $6,228 $213,800 $117,800 $96,000
2015 $5,988 $212,800 $117,800 $95,000
2014 $8,167 $306,100 $117,800 $188,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2025 04/27/25 Price Changed $549,900 -8.3% $103 / Sq Ft
03/21/2025 03/21/25 For Sale $599,900 -- $113 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Deed History

Date Type Sale Price Title Company
Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Commercial
Open $570,000 Commercial
Closed $50,000 Commercial
Closed $50,000 Commercial
Closed $100,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73348628

MLS Property Information Network (MLS PIN)

APN: FALL-000008I-000000-000004