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- LoopNet Team
1148 Davol St
Fall River, MA 02720
Land For Sale
·
1.78 AC
INVESTMENT HIGHLIGHTS
- Located in an opportunity zone - maximize on your investment
- Most desirable section of the city - train to Boston coming!
- Approved variance in hand for 200 unit building
PROPERTY FACTS
DESCRIPTION
INVESTORS and DEVELOPERS TAKE NOTE! 3.2 acre property in Fall River in a prime location for redevelopment. This property is located in an Opportunity Zone and just blocks from the Fall River MBTA commuter rail station arriving in 2023. The sale includes an active variance to build a 12 story mixed use 200 unit complex with a footprint of 80' X 274' valid until June 2022. This commercial property is a great option for an investor looking to capitalize on the location OR a business owner looking for a large lot in a great location. The waterfront zoning district allows building 6 stories or 80'. LIMITLESS options with this one! Currently the property has 2 active business's, 3 buildings, and a huge amount of paved parking. Don't miss out on this opportunity to build wealth and equity at this highly desirable location!
PROPERTY TAXES
| Parcel Number | FALL-000022S-000000-000006 | Improvements Assessment | $946,300 |
| Land Assessment | $234,700 | Total Assessment | $1,181,000 |
PROPERTY TAXES
