418 Quequechan St, Fall River MA 02723
Fall River, MA 02723
$1,989,000
Est. $11,576/month
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About this home
Excellent opportunity to acquire a fully leased, multi-tenant commercial investment property in Fall River. This substantial granite building offers approximately 41,586 square feet across two levels with a diverse mix of retail, service and community-oriented occupants. Current uses include a restaurant, laundromat, nail salon, market, clothing store, holistic health business, community outreach organization, gym, sensory play and art collective. The property is currently offered with strong rental history and a reported net operating income of $172,400. Its varied tenant mix helps support dependable cash flow while offering opportunities for incremental income growth. More than $300,000 in recent capital improvements include roofing, sewer work, bathrooms and plumbing, heating and cooling, electrical work, interior construction and painting, parking-lot repairs, exterior masonry and chimney repairs, fire-alarm and sprinkler upgrades, code improvements, and an ADA-accessible second-level ramp with railings. Conveniently located near major roadways, public transportation, area businesses and neighborhood services. Investment, value-add and potential future owner-user opportunity, subject to existing leases. Buyer and buyer’s agent to verify all information and perform all due diligence.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 24, 2026
$1,989,000
Original listing
Agent: Luke Walen
Office: Keller Williams South Watuppa
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/24/2026 | 🏠 Listed for Sale | $1,989,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $15,827 | — |
Financial Details
Annual Property Tax
$15,827
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1871
Living Area
41,586 sq ft
Lot Size
1.40 acres
Investment Metrics
Gross Income
$254,400
Net Operating Income
$172,400
Operating Expenses
$82,000
Cap Rate
8.67%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
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
Financial
Annual Tax
$15,827
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Information Obtained From Seller And Public Records. Buyer And Buyer’s Agent To Perform All Due Diligence. Tenanted Property; Leases And Financial Information Available Upon Request.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Bristol
Property Overview
Listing Type
For Sale
Year Built
1871
Living Area
41,586 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:
1871
Structure Type:
Exterior Materials:
Roof:
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
Espirito Santo School
0.3 mi
Grades PK-08
Holy Trinity School
1.3 mi
Grades PK-08
C
Atlantis Charter School
1.4 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
C-
John J Doran School
1.6 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
Antioch School
1.6 mi
Grades PK-08
Holy Name School
1.6 mi
Grades PK-08
D
Henry Lord Community School
2.0 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
East Gate Christian Academy
2.0 mi
Grades PK-12
St. Michael School
2.4 mi
Grades PK-08
D
Stone PK-12 School
2.5 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
Middle Schools
3 schools
C-
Talbot Innovation School
0.7 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
C-
Morton Middle School
2.0 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
D
Matthew J Kuss Middle School
2.2 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
High Schools
6 schools
C+
Argosy Collegiate Charter School
1.2 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
1.4 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
1.5 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.0 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
1.9 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
2.0 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$1,319
Homeowners Insurance
$200
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
418 Quequechan St, Fall River MA 02723
Fall River, MA 02723
Listing Information
Listing Agent
Luke Walen
Listing Office
Keller Williams South Watuppa
Office Phone
508-677-3233
Agent MLS ID
CN239871
Office MLS ID
AN3817
Listing Data Updated
Aug 25, 2026 12:24 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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