57 Walnut St - Service FOR SALE


Fall River, MA 02720
$1,200,000 USD
508-673-2544
57 Walnut St, Fall River, MA for Sale
$1,200,000 USD
Service - FOR SALE
1/8
null | 5.48% Cap Rate

57 Walnut St
Fall River, MA 02720


HIGHLIGHTS

  • Versatile Industrial Facility with Full Build out capabilities.
  • Minutes from I-195, Rte. 24, Rte 79, and Rt. 138.
  • Industrial Garage space.
  • Property includes multiple office spaces, 2nd floor conference room.
  • Close Proximity to New SouthCoast Railway coming in 2024
  • Land across street is owned and accessibleto be combined with street for a contiguous lot.

OVERVIEW

Versatile Design to build location overlooking the Bay, conveniently located minutes from I-195, Rte. 24, Rte 79, and Rt. 138. Exceptional opportunity located approximately 1/4 mile from South Coast Railway Station! The train is due to open in 2024 and will run from Fall River to Boston. This property is located in a Federal Opportunity Zone designated for significant tax breaks and incentives to develop much-needed housing in the area. Seller will also entertain developing to permit or to full build.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

5.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Distribution, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1901

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

M

APN/PARCEL ID

FALL-000018O-000000-000012

ASK ABOUT THIS PROPERTY

John CarvalhoApollo SafetyMore Info
508-673-2544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John CarvalhoApollo SafetyMore Info
508-673-2544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.