151 South Main St., Fall River MA 02721
Fall River, MA 02721
$650,000
Est. $4,521/month
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About this home
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.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 27, 2026
Active → Active Under Contract
Pending Sale
Jul 26, 2026
Offer accepted, sale pending
Listed for Sale
Jul 17, 2026
$650,000
Original listing
Agent: Christopher J. Paiva
Office: Paiva Real Estate Services, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/17/2026 | 🏠 Listed for Sale | $650,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $12,406 | — |
Financial Details
Annual Property Tax
$12,406
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1920
Living Area
9,779 sq ft
Lot Size
0.10 acres
Investment Metrics
Gross Income
$41,400
Net Operating Income
$17,119
Operating Expenses
$24,281
Cap Rate
2.63%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, 110 Volts, 220 Volts
Financial
Annual Tax
$12,406
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Bristol
Property Overview
Listing Type
Sale Pending
Year Built
1920
Living Area
9,779 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,034
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
151 South Main St., Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
Christopher J. Paiva
Listing Office
Paiva Real Estate Services, LLC
Office Phone
508-970-5612
Agent MLS ID
FR001227
Office MLS ID
AN1801
Listing Data Updated
Aug 10, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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