Commercial Sale at 1569 Pleasant St, Fall River MA 02723
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21 photos

$4,700,000

1569 Pleasant St, Fall River MA 02723
Fall River, MA 02723
Listed by Blake Starratt
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1897

About this home

Rare opportunity to own a prominent mixed-use property featuring a well-established restaurant that has become a staple in the local community, along with 10+ residential units situated above. This property offers an exceptional combination of commercial and residential income, providing multiple revenue streams within a single asset. The restaurant benefits from its established reputation, loyal customer base, and strong presence within the town, while the residential units provide consistent rental income and additional upside for an investor. With its unique mix of a recognizable local business and substantial residential component, this property presents an attractive opportunity for an owner-user, investor, or portfolio-minded buyer seeking a high-visibility, income-producing asset with long term potential.

Property details

MLS
MLS Property Information Network
MLS #
73569978
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
55
On market date
August 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Samuel Watson
0.32 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
241
Student:teacher ratio
13.4:1
District
Fall River
Middle
Talbot Innovation School
0.49 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.7:1
District
Fall River
High
Diman Regional Vocational Technical High
0.86 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,421
Student:teacher ratio
11.1:1
District
Greater Fall River Regional Vocational Technical

Walkability

Blended score for Fall River's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools10
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Fall River, from live MLS data.

On the market 55 days -- 57 fewer days than Fall River's current average of 112 days.
For reference, the median list price across 736 active listings in Fall River right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$28,454/mo
$940,000 down
$3,760,000 loan
Principal & interest$24,387
Property tax (est.)$3,917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.