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235 S Main St, Fall River MA 02721

Fall River, MA 02721
$1
Est. $1,899/month
0.18
Acres
1900
Year Built
139
Days on Market
Active Listed Oct 8, 2025 • MLS# 73441003 Copied!

About this home

Prime Opportunity in Fall River’s Arts Overlay District South Main Street | ±22,608 SF | 3 Levels | Former Rite AidAn exceptional opportunity for an owner/user or investor seeking a versatile property in the heart of Fall River’s revitalizing South Main Street corridor. This ±22,608 SF building spans three floors, including a highly visible first-floor storefront formerly occupied by Rite Aid, a top floor with potential for office or residential conversion, and a basement level with side street access—ideal for storage or potential additional rental income.Located within Fall River’s Arts Overlay District (AOD) and the Downtown Urban Renewal Plan, this property could qualify for powerful development incentives.

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Property Overview

Listing Type
Commercial Sale
Year Built
1900

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.18 acres

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 None

Financial

Annual Tax $20,389

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
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:

Location

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Neighborhood

235 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

3 schools
C-
John J Doran School
0.4 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
C-
Westall Elementary
0.7 mi | #737 of 824 | Score: 33.3
Improved 66 spots from last year
-24.9 below state avg
276 students Very Diverse
Rising School Diverse Student Body
Grades K-05
Antioch School
0.8 mi
Grades PK-08
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.3 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
1.3 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
1.7 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
H

High Schools

3 schools
F
Resiliency Preparatory Academy
0.5 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
C+
Argosy Collegiate Charter School
0.8 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
Fall River Deaconess Home School
0.8 mi
Grades 06-12
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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 $1,699
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
Oct 8, 2025
$1
Original listing
Agent: Eric Szczepkowski Office: Tri Town Associates

Price & Status History

Date Event Price Change
Oct 8, 2025 New Listing Added $1

Market Statistics

Days on Market
139 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $20,389

Financial Details

Annual Property Tax
$20,389
Tax Year 2025

Listing Information

Listing Office Tri Town Associates
Agent MLS ID FR001009
Office MLS ID BB3263
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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