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10,220 SF/ Office Building/Fall River, MA 377 Second St 8,180 SF 100% Leased Office Building Fall River, MA 02721 $675,000 ($82.52/SF)



INVESTMENT HIGHLIGHTS
- Features include 10+ parking spaces.
- Two-story commercial building perfect for an investor or owner/user
- Conveniently located just 5 minutes from Downtown Fall Rver in a residential setting near restaurants, retail shops, and community amenities.
EXECUTIVE SUMMARY
Endless possibilities await in this expansive 10,220 sq. ft. commercial office building, ideally located a block from downtown Fall River. Currently home to a successful insurance agency, the property offers a flexible layout suited for a variety of professional uses. Features include a welcoming reception/waiting area, multiple private offices, two restrooms, and separate rear entrances for added convenience.A private parking lot with space for 10+ vehicles is located directly behind the building. With easy access to Routes 24, 195, 79, and 6, the location is easily accessible for clients and staff alike. Surrounded by a strong network of hospitals, banks, and clinics, this space is perfect for medical professionals, dentists, therapists, wellness centers, medspas, and more
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,180 SF
Building Class
C
Year Built
1930
Price
$675,000
Price Per SF
$82.52
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,090 SF
Building FAR
0.67
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District (CBD) zoning promotes a mixed-use environment.
Parking
2 Spaces (0.24 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
1 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | FALL-000009I-000000-000021 | Improvements Assessment | $508,000 |
| Land Assessment | $172,100 | Total Assessment | $680,100 |
PROPERTY TAXES
Parcel Number
FALL-000009I-000000-000021
Land Assessment
$172,100
Improvements Assessment
$508,000
Total Assessment
$680,100
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10,220 SF/ Office Building/Fall River, MA | 377 Second St
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