418 Quequechan St Local d'activités 3 863 m² 100 % Loué À vendre Fall River, MA 02723 1 752 439 € (453,59 €/m²)

418 Quequechan Street presents a rare opportunity to acquire a fully stabilized, 100% occupied mixed-use mill asset in the rapidly improving Fall River market. The property features a diverse tenant base of service-oriented, experiential, and community-driven businesses, providing strong resistance to e-commerce disruption and long-term tenancy stability.
Significant capital improvements totaling approximately $350,000 have been completed, including updated plumbing, sprinklers, and electrical systems and ADA-compliant access to the second floor, positioning the asset as a low-deferred-maintenance investment.
This offering combines immediate cash flow, tenant stability, and long-term upside potential, making it highly attractive to both private investors and 1031 exchange buyers seeking durable income.
Investment Highlights:
* Stabilized Income Stream
* Current NOI: $172,500
* 100% occupancy
* Long-term tenant extensions in place
* Proven rent growth trajectory under current ownership
* Diversified, Internet-Resistant Tenant Mix
The property is anchored by a strong mix of local and regional businesses that rely on physical presence, community engagement, and repeat customers:
* (fitness & youth programming)
* (specialized children’s sensory development space)
* (artist coworking and creative community hub offering workspace and events)
* (essential service retail)
* (personal care service)
* (specialty grocery retail)
* (wellness / lifestyle use)
* (family-owned Southeast Asian restaurant serving traditional cuisine)
* (retail/service)
This tenant mix creates:
* Daily traffic generation
* Community integration
* Reduced volatility vs traditional retail
Significant Capital Improvements Completed, reducing near-term capital expenditure risk:
* ~$350,000 invested into building upgrades
* Modernized plumbing and electrical systems
* ADA-compliant access to second floor
* Improved usability and tenant retention
Large, Flexible Asset:
* 42,000 SF historic mill building
Adaptable layouts for a variety of uses:
* Retail
* Creative / studio
* Fitness
* Food & beverage
* Service businesses
The building’s scale and flexibility provide long-term repositioning optionality.
?? Value-Add Potential (Without Operational Risk)
While stabilized, the property still offers:
* Continued rent growth through renewals
* Ability to refine tenant mix over time
* Potential to further optimize common areas or layouts
* Long-term appreciation tied to Fall River redevelopment trends
?? Location Overview – Fall River, MA
* Dense residential population base
* Growing creative and small business ecosystem
* Increasing investor interest due to relative affordability vs Boston metro
* Continued revitalization of historic mill properties