Store Space - Fall River, MA

For Sale

288 Plymouth Ave, Fall River, MA 02721

This Fall River property for sale is located at 288 Plymouth Ave. The current listed sale price for Store Space - Fall River, MA is $19,330,000.

Contacts

broker

Ashley Compton

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 136,710 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 2, 2024

The Colliers Self Storage Group is pleased to exclusively offer to qualified investors the opportunity to purchase an institutional quality self-storage conversion located at 288 Plymouth Avenue in Fall River, Massachusetts. Store Space – Fall River is a four-story former mill building with over 500 linear feet of frontage along I-195 (84,141 AADT) and 200 linear feet along Plymouth Avenue (27,495 AADT). Store Space was converted into self-storage in 2023, however the 166,198 gsf mill building was originally constructed in 1871. Sitting on approximately 4.34 acres, this facility offers tenants 111,310 rsf of climate-controlled storage, with unit sizes ranging from 5’x4’ to 14’x13’. Store Space has multiple ancillary revenue streams, including a 9,400-sf retail tenant, long term billboard lease, and a 16,000-sf yard lease. Having opened in December of 2023, this facility has exceeded 30% physical occupancy in 5 short months of operation.

Priced at $19,330,000, Store Space – Fall River is priced at a stabilized 7.50% cap rate and just $141.39 psf. The purchaser of this asset will be acquiring an institutional quality conversion with an unparalleled location. The area’s growing economy, and proximity to both top tier universities and major employment hubs make this asset an attractive self-storage investment for years to come.

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Getting around

  • 75/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 79/100

    Bike Score ®

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Location

  • City Fall River, MA
  • Neighborhood Niagara
  • Zip Code 02721
  • Market Providence

Points of Interest

  • Fall River Depot (opens May 2025)

    1.34 miles

  • Freetown (Opens May 2025)

    6.24 miles

  • Speedway

    0.33 miles

  • Stop & Shop Gas

    1.64 miles

  • BP

    2.12 miles

  • Cumberland Farms

    2.83 miles

  • Cumberland Farm

    4.17 miles

  • Mobil

    4.80 miles

  • Shell

    4.98 miles

  • Neon Marketplace

    5.46 miles

  • Tesla Supercharger

    5.48 miles

  • Town Hall

    8.60 miles

  • Nice N'Clean

    9.37 miles

  • McDonald's

    0.04 miles

  • Applebee's

    0.11 miles

  • Taco Bell Cantina

    0.16 miles

  • Dunkin'

    0.18 miles

  • Burger King

    0.23 miles

  • KFC

    0.31 miles

  • Boston Market

    0.37 miles

  • Wendy's

    0.42 miles

  • Mister Chicken

    0.46 miles

  • Lee Garden

    0.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ashley Compton