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407 S Main St, Fall River MA 02721

Fall River, MA 02721
$3,500,000
Est. $19,516/month
0.71
Acres
1986
Year Built
7
Days on Market
Active Listed Feb 14, 2026 • MLS# 73477260 Copied!

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 1099 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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Property Overview

Listing Type
Commercial Sale
Year Built
1986

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

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water

Financial

Annual Tax $19,417

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:

Parking & Garage

Parking Features:

Location

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Neighborhood

407 S Main St, Fall River MA 02721

Fall River, MA 02721

Walkability

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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
E

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 Name School
1.5 mi
Grades PK-08
Holy Trinity 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
2.0 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
M

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
1.4 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
H

High Schools

6 schools
C+
Argosy Collegiate Charter School
0.7 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
0.9 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
Learn about these ratings
School data provided by BMN Schools

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 $1,618
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

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Feb 14, 2026
$3,500,000
Original listing
Agent: Joseph Ponte Office: Ponte & Associates Real Estate

Price & Status History

Date Event Price Change
Feb 14, 2026 New Listing Added $3,500,000 —

Market Statistics

Days on Market
7 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $19,417 —

Financial Details

Annual Property Tax
$19,417
Tax Year 2025

Listing Information

Listing Agent Joseph Ponte
Listing Office Ponte & Associates Real Estate
Agent MLS ID FR800146
Office MLS ID NB3016
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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Steven Novak

Steven Novak

BMN Boston Real Estate

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