MLS® ID: 72566033

505 Bay

Fall River, Massachusetts, 02724

$250,000 Active
  • 4498 SQFT
Oliver Chace's Threadmill (c. 1840) is a solid granite mill building with lots of potential. This building was the original office building for the threadmill, however it has seen multiple uses throughout the years - most recently as a retail business. It is located in the Waterfront Transit-Oriented Development District, which places it in a prime district, in anticipation of the coming commuter railway. There is plenty of room to add parking to this corner lot. Roof is one year old, however building is in need of rehab and is being sold in as-is condition. This property is listed on The U.S. National Register of Historic Places because it is an early example of a granite mill building with a gabled roof. Being on the National Register does not restrict owners from renovating, rehabbing, or removing the building (as long as federal funds are not used), but it does open up doors for potential grants, tax incentives and loans for certain businesses.
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Listing courtesy of Kinnane Group

Amenities

  • Zip
    02724
  • Office name
    Kinnane Group
  • SQFT
    4498
  • Bedrooms
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    IND, WTOD
  • Year built
    1840
  • Tax year
    2019
  • Agent name
    Karen Flaherty
  • Tax amount
    $ 4089.34
  • Purchase Type
    Active
  • Full baths
    0
  • Half baths
    0

Location

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