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Sullivan Building 159 S Main St 16,217 SF 81% Leased Retail Building Fall River, MA 02721 $650,000 ($40.08/SF)
Investment Highlights
- Heavy daytime traffic
- Turn key Restaurant/Bar
- Close by to Southcoast rail station
- Located Downtown
- Close by to Waterfront
Executive Summary
Exceptional opportunity to own a mixed-use property in the heart of downtown Fall River. The first floor features over 4,500 SF of restaurant/bar space with seating for 135 and is currently vacant, offering a blank canvas for an owner or investor. The finished lower level includes an additional bar, restrooms, ample storage, and flexible open space with expansion potential. The second and third floors comprise 10 office suites, with 9 currently leased, providing consistent rental income. Ideal for an owner-operator seeking to run a business while benefiting from established tenant revenue. Conveniently located across from the District Courthouse and just minutes from the waterfront, South Coast Rail Station, and major highways, this property offers excellent visibility, a prime location, and significant long-term investment potential.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,217 SF
Year Built/Renovated
1920/2019
Price
$650,000
Price Per SF
$40.08
Percent Leased
81%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.72
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Frontage
40’ on South Main
Amenities
- Restaurant
- Signage
- Air Conditioning
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Sullivan Building | 159 S Main St