Prime Opportunity in Fall River’s Arts Overlay District South Main Street | ±22,608 SF | 3 Levels | Former Rite AidAn exceptional opportunity for an owner/user or investor seeking a versatile property in the heart of Fall River’s revitalizing South Main Street corridor. This ±22,608 SF building spans three floors, including a highly visible first-floor storefront formerly occupied by Rite Aid, a top floor with potential for office or residential conversion, and a basement level with side street access—ideal for storage or potential additional rental income.Located within Fall River’s Arts Overlay District (AOD) and the Downtown Urban Renewal Plan, this property could qualify for powerful development incentives.
235 S Main St, Fall River, MA, 02721
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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