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330 William St 2,067 SF 100% Leased Retail Building Fall River, MA 02721 $349,000 ($168.84/SF) 9.14% Cap Rate
Investment Highlights
- Easy highway acess located near I-195.
Executive Summary
Motivated seller, Price cut of 25k BUILDING AND BUSINESS OPPORTUNITY Building has 3,038 Sqft + 3 Parking spots, + back of building area, used to be a BAKERY Licensed business for 42 years, was just turned into a contractor storage facility, selling for $399.000, This commercial property has a drive in garage with 10+ feet overhead door and a separate driveway. Building is in good condition in and out and has ample storage area, newer membrane roof, 2 half baths. Great opportunity for ambitious determined entrepreneur, bring your ideias to this building. Buyers and Buyers agent to perform their own due diligence.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,067 SF
Building Class
C
Year Built
1900
Price
$349,000
Price Per SF
$168.84
Cap Rate
9.14%
NOI
$31,899
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.11 AC
Zoning
A-3 - Property LOCATED ON MULTI-FAMILY ZONING , Commercial Building property offering potential for residential conversion per city zoning.
Parking
1 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
64’ on William St
Amenities
- 24 Hour Access
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | FALL-000004I-000000-000016 | Improvements Assessment | $156,400 |
| Land Assessment | $104,800 | Total Assessment | $261,200 |
Property Taxes
Parcel Number
FALL-000004I-000000-000016
Land Assessment
$104,800
Improvements Assessment
$156,400
Total Assessment
$261,200
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330 William St
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