$1,200,000
$1,595,000
24.8%For more information regarding the value of a property, please contact us for a free consultation.
196,000 SqFt
SOLD DATE : 01/02/2019
Key Details
Sold Price $1,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 196,000 sqft
Price per Sqft $6
MLS Listing ID 71883995
Sold Date 01/02/19
Year Built 1887
Annual Tax Amount $50,409
Tax Year 2016
Lot Size 5.390 Acres
Acres 5.39
Property Description
Tremendous development opportunity in the South Coast region!. Ideal for use as office, residential or hotel. Can be purchased separately, or in combination with MLS 71883993. 140 Ace Street is a circa 1887 historic mill building with one steel outbuilding located along the Taunton River in North Fall River, MA, directly off Rt. 24 and 79. The main mill contains 172,000 sf and the outbuilding contains an additional 24,000 sf. The property is zoned industrial. However, it is favored by the Fall River city government to be rezoned and developed for residential, assisted living or hotels. (preliminary plans and specifications for redevelopment options are available). The property borders the commercial rail line which the MBTA plan to use in its SouthCoast Rail project, with a station stop less than a half mile from the building. It is 42 miles to Boston, 16 to Providence RI and 24 to Newport RI.
Location
State MA
County Bristol
Zoning Industrial
Direction Rt 24S to Rt 79S, S Main St exit. Left off exit, then right onto Cove St. to Ace St.
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Tar/Gravel
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Bought with William Dellea • Coldwell Banker Residential Brokerage - Boston - South End
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