See Home Value
Fall River 02720
231 Commerce Drive
$11,000,000
● Commercial - Off Market

231 Commerce Drive

Fall River, MA 02720
bedrooms
Studio
bathrooms
0 Bath
square feet
88,000 Ft²
$60,036
Est. Monthly
-0.50%
Cap Rate

About This Property

Nearly 90,000 SF For Sale situated on nearly 6 Acres, located in the Fall River Commerce/Industrial Park.  The original building was built in 2008 (250 X 200) with an 8,000 SF 2nd floor mezzanine.  The addition was built in 2014 (150 X 200).  There is 15% Class A finished office space, HVAC and handicap accessible including a passenger elevator.  There is 28' C.H., one row of columns (25 X 100), fully sprinklered and gas-fired forced hot air in the warehouse (not a/c) and gas fired units with electric cooling in the office.  There are 5 Loading Doors & 2 Drive-In Doors, abundant electric power for manufacturing and an air circulation system throughout the entire building.  Conveniently located in the Fall River Commerce/Industrial Park with excellent highway access to Route 24 & I-195 coupled with the demand for industrial warehouses that far outweighs the supply make this a prime purchase opportunity for investors or owner-occupied buyers!
Unit Size
88,000 Ft²
Days on Market
-
Land Size
5.92 acres
Price per sqft
$125
Property Type
Commercial
Property Taxes
$6,024
HOA Dues
-
Year Built
2008

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MLSPIN #73188517)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Sold
Jan 3, 2024 In contract -
In contract
Dec 21, 2023 Listed by Collins Commercial Real Estate, LLC $11,000,000
Listed by Collins Commercial Real Estate, LLC
Mar 4, 2008 Sold
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 5.92
Lot Size Units: Acres
Lot Size Acres: 5.92
Zoning: INPK
Parcel Number: 4732996
Financial Details
Tax Map Number: Z
Tax Annual Amount: $72,290
Utilities Details
Utilities: Public Water, Public Sewer, Natural Gas Available, 220 Volts, 440 Volts, Three Phase

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231221
12/21/2023
Loft
-
88000 ft²
$11,000,000
bedrooms
Loft
bathrooms
-
square feet
88000 ft²
$11,000,000
02/29/2024
Kelley Collins
Collins Commercial Real Estate, LLC

Building Info

231 Commerce Drive 231 Commerce Drive, Fall River, MA 02720
More about this Building
231 Commerce Drive
Want to find out who owns 231 Commerce Drive, Fall River, MA 02720? Get detailed property transactions here.

About Fall River


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Neighborhoods