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

$4,800,000

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 #
73569978
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
25
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 · public school directory data (NCES)

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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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
Nearby-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 25 days -- 78 fewer days than Fall River's current average of 103 days.
For reference, the median list price across 656 active listings in Fall River right now is $399,450.

Mortgage calculator

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

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Est. monthly payment
$29,056/mo
$960,000 down
$3,840,000 loan
Principal & interest$24,906
Property tax (est.)$4,000
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 22 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.