1151 Fall River AveSeekonk, MA 02771

Property Details for 1151 Fall River Ave

Year built

1986

Lot size

0.70 AC

Property size (Sq ft)

3,585 SF

Zone code

HB

Property type

Turn key restaurants

APN

SEEK M:0070 B:0000 L:00820

APU

SEEKM0070B0000L00820

Description

This exceptional 3,585-square-foot commercial property, formerly a Friendly's restaurant, presents a unique opportunity for lease in the vibrant town of Seekonk, Massachusetts. Located at 1151 Fall River Avenue, this single-tenant space boasts high visibility and ample square footage, ideal for a variety of retail or restaurant concepts. The entire building is currently vacant, offering a blank canvas for a prospective tenant to customize and design their ideal space. Situated in Bristol County, this property benefits from convenient access to major roadways, ensuring high traffic flow and excellent customer accessibility. The building's existing infrastructure provides a solid foundation for a quick and efficient build-out, minimizing upfront costs and maximizing return on investment. With its prime location and substantial size, this property is perfectly positioned to attract a significant customer base. The address is 1151 Fall River Ave, Seekonk, MA 02771. This is a rare opportunity to acquire a well-situated commercial space in a thriving community. The property type is classified as retail and restaurant, offering flexibility for a range of businesses. The building's size and location make it an attractive proposition for businesses seeking high visibility and convenient access for their customers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this exciting opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $871,280

  6.5%

  $804,259

  7%

  $746,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,180,409

  Geo Method

  $1,180,409

• Alternative Use

  Use

  Valuation

  Residential

  $678,422

  Hospitality

  $621,431

  Educational

  $517,023

  Medical

  $534,805

  Retail

  $804,259

Location Insight

City

Seekonk

County

Bristol

State

Massachusetts

Latitude

41.7934

Longitude

-71.328

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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