INNOVATE Real Estate
Commercial Sale at 406 South Main Street, Fall River MA 02721
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 2 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 3 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 4 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 5 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 6 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 7 of 8
Commercial Sale at 406 South Main Street, Fall River MA 02721, photo 8 of 8
8 photos

$3,000,000

406 South Main Street, Fall River MA 02721
Fall River, MA 02721
Listed by Joseph Ponte
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1986

About this home

A very rare opportunity and great time to invest into this single building plaza with plenty of parking offering 5 tenants including some franchise tenants. Leases are in place; Some tenants have been there for 20+ years. PERFECT 1031 exchange purchase allowing investors to defer capital gains taxes: Seller will consider "seller financing" with the right offer. The back of the building has a parcel which there has been some talk to get a special permit to build 2/3 condos or additional parking.

Property details

MLS
MLS Property Information Network
MLS #
73545794
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
108
On market date
July 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.71 acres

Location

Get directions →
Loading map…

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
John J Doran
0.32 mi away · Grades -1-8
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
495
Student:teacher ratio
13.4:1
District
Fall River
Middle
Matthew J Kuss Middle
1.12 mi away · Grades 6-8
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
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.61 mi away · Grades 6-12
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
566
Student:teacher ratio
13.2:1
District
Argosy Collegiate Charter School (District)

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).

94
Highly walkable
out of 100
EPA National Walkability Index
17.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 108 days -- 3 fewer days than Fall River's current average of 111 days.
For reference, the median list price across 733 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$18,216/mo
$600,000 down
$2,400,000 loan
Principal & interest$15,566
Property tax (est.)$2,500
Home insurance (est.)$150

Similar homes you might like

28 Anawan St., Fall River MA 02721
$2,750,000
28 Anawan St., Fall River MA 02721
Fall River, 02721
68,147 sqft
18 days on market
Listed by Christopher J. Paiva
28 Anawan St., Fall River MA 02721
$2,750,000
28 Anawan St., Fall River MA 02721
Fall River, 02721
68,147 sqft
168 days on market
Listed by Christopher J. Paiva
10 Investment, Fall River MA 02720
$3,500,000
10 Investment, Fall River MA 02720
Fall River, 02720
25,961 sqft
186 days on market
Listed by The Ponte Group

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 4, 2026.

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.