406 South Main Street, Fall River MA 02721
Fall River, MA 02721
$3,000,000
Est. $16,988/month
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About this home
A very rare opportunity and great time to invest into this single building plaza with plenty of parking offering 5 tenants including some franchise tenants. Leases are in place; Some tenants have been there for 20+ years. PERFECT 1031 exchange purchase allowing investors to defer capital gains taxes: Seller will consider "seller financing" with the right offer. The back of the building has a parcel which there has been some talk to get a special permit to build 2/3 condos or additional parking.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 7, 2026
$3,000,000
Original listing
Agent: Joseph Ponte
Office: Ponte & Associates Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/07/2026 | 🏠 Listed for Sale | $3,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $19,417 | — |
Financial Details
Annual Property Tax
$19,417
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1986
Lot Size
0.71 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Asphalt/composition Shingles
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
Financial
Annual Tax
$19,417
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Confidentiality Agreement To Be Signed Prior To The Showing
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Bristol
Property Overview
Listing Type
For Sale
Year Built
1986
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:
1986
Structure Type:
Exterior Materials:
Roof:
Asphalt/Composition Shingles
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 District
Fall River School District local
C-
School Safety
2024-25
8.4%
Above Average
8.4%
Suspensions
2.1%
In-School
2.9% above state avg
Elementary Schools
10 schools
C-
John J Doran School
0.3 mi
|
#301 of 352
|
Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
East Gate Christian Academy
0.9 mi
Grades PK-12
Antioch School
1.0 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
Holy Name School
1.5 mi
Grades PK-08
Espirito Santo School
1.5 mi
Grades PK-08
D
Henry Lord Community School
1.8 mi
|
#321 of 352
|
Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students
Diverse
Diverse Student Body
Grades PK-08
St. Michael School
1.9 mi
Grades PK-08
D
Stone PK-12 School
1.9 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
C
Atlantis Charter School
2.1 mi
|
#246 of 346
|
Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students
Diverse
Rising School
College Ready Curriculum
Grades K-12
Middle Schools
3 schools
D
Matthew J Kuss Middle School
1.1 mi
|
#336 of 352
|
Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students
Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.5 mi
|
#299 of 352
|
Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.8 mi
|
#309 of 352
|
Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
6 schools
C+
Argosy Collegiate Charter School
0.6 mi
|
#244 of 346
|
Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students
Diverse
7 sports
• 126 athletes
Early College Program
College Ready Curriculum
Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
0.7 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.0 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.8 mi
|
#242 of 346
|
Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
2.1 mi
|
#225 of 346
|
Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students
Diverse
18 sports
• 1,452 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
Bishop Connolly High School
2.3 mi
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$1,618
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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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
406 South Main Street, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Office
Ponte & Associates Real Estate
Office Phone
508-324-4800
Agent MLS ID
FR800146
Office MLS ID
NB3016
Listing Data Updated
Jul 11, 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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