INNOVATE Real Estate
Commercial Sale at 28 Anawan St., Fall River MA 02721, Fall River
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$2,750,000

28 Anawan St., Fall River MA 02721
Fall River, MA 02721
Listed by Christopher J. Paiva
Bedrooms
N/A
Bathrooms
N/A
Living area
68,147 sqft
Year built
1870

About this home

Seize the chance to be part of Fall River’s dynamic revitalization with this exceptional mill building,positioned in the heart of Battleship Cove and close by to the city’s vibrant waterfront. Spanning approx. 68,147 sq. ft. across 3 expansive levels (incl. a full basement), this historic structure offers roughly 15k+ sq. ft. per floor, presenting endless potential for adaptive reuse. Numerous significant upgrades, including a new roof, windows, plumbing, electrical, sprinkler system, HVAC, passenger elevator, restrooms, all setting the stage for your vision to come to life. Conveniently located within 2 miles of the new MBTA commuter rail station, and with easy access to major highways. Zoned within the Waterfront Transit-Oriented Development and part of the Arts Overlay District, this site offers flexibility for creative, commercial, residential, or mixed-use redevelopment. Public parking lot coming soon and will be located across the street from the property. Whether you're a developer, investor, or visionary, this is your opportunity to shape the future of Fall River.

Property details

MLS #
73586533
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
3
On market date
October 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.71 acres

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
John J Doran
0.22 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
1.14 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
High
Resiliency Preparatory Academy
0.58 mi away · Grades 7-12
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
109
Student:teacher ratio
5.7:1
District
Fall River

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).

82
Highly walkable
out of 100
EPA National Walkability Index
13.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks16
Schools18
Transit stops20
Pharmacies3

Market position

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

On the market 3 days -- 103 fewer days than Fall River's current average of 106 days.
For reference, the median list price across 699 active listings in Fall River right now is $389,000.

Mortgage calculator

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

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Est. monthly payment
$16,711/mo
$550,000 down
$2,200,000 loan
Principal & interest$14,269
Property tax (est.)$2,292
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 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.