$1,595,000 140 Ace St Fall River, MA

MLS: 71883995   Type: Commercial   County: Bristol   City: Fall River   Zip: 02720   Style: Commercial     Taxes: $50,409

Mortgage $7,488 /mo

Beds

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Half Baths

Sqr Footage

Acres

Built

0

0

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196,000

5.39

1887

Tremendous development opportunity in the South Coast region!. Ideal for use as office, residential or hotel. Can be purchased separately, or in combination with MLS 71883993. 140 Ace Street is a circa 1887 historic mill building with one steel outbuilding located along the Taunton River in North Fall River, MA, directly off Rt. 24 and 79. The main mill contains 172,000 sf and the outbuilding contains an additional 24,000 sf. The property is zoned industrial. However, it is favored by the Fall River city government to be rezoned and developed for residential, assisted living or hotels. (preliminary plans and specifications for redevelopment options are available). The property borders the commercial rail line which the MBTA plan to use in its SouthCoast Rail project, with a station stop less than a half mile from the building. It is 42 miles to Boston, 16 to Providence RI and 24 to Newport RI.

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Price History

8/4/2015 Listed $2,450,000
2/20/2016 35% - $1,595,000

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Direct Link:

http://ma.exprealty.com/property/3-71883995-140-Ace-St-Fall-River-MA-02720

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Property vs Zip Code Avg (02720)

Price 1.59M Avg 399K

Sqr Feet 196,000 Avg 14,401

Cost / Sqr Ft $8 Avg $28

Taxes $50,409 Avg $11,005

Acres 5.39 Avg 0.5

Visits 57 Avg 9

Days on Site 490 Avg 199

Walkscore® 45 Avg 74

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Listing Provided Courtesy Of: William Dellea with Coldwell Banker Residential Brokerage - Boston - South End.




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Location & Address

eXp Realty Massachusetts
190 Haverhill St, #336
Methuen, MA
978-812-2147