235 S Main St
235 S Main St, Fall River, MA 02721
An 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, including:
HDIP tax credits up to $2 million for residential conversion,
MassDevelopment’s TDI Equity grants up to $500,000, and
Low-interest rehab loans through the city’s Community Development Agency.
Whether you’re an end-user looking for ground-floor retail with expansion upside, or an investor targeting Gateway City tax incentives and flexible mixed-use zoning, this property is a smart play in one of Fall River’s most opportunity-rich zones.
Building Details
- For Sale Price on request
- Property Type Office
- Property Size 22,608 SF
- Lot Size 0.18 Acre
- Additional Rent Price on request
- # of Floors 3
- Year Built 1900
- Date Updated Oct 12, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Tri Town Retail Advisors
Location
- City Fall River, MA
- Neighborhood Sandy Beach
- Zip Code 02721
- Market Providence
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Walk score 94/100 Walker's Paradise
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Transit score 51/100 Good Transit
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Bike score 67/100 Bikeable
Points of Interest
Fall River Depot (opens May 2025)
1.06 miles
Freetown (Opens May 2025)
6.21 miles
Speedway
0.68 miles
Stop & Shop Gas
1.80 miles
BP
2.38 miles
Cumberland Farms
2.41 miles
Mobil
4.32 miles
Shell
4.50 miles
Cumberland Farm
4.67 miles
Neon Marketplace
5.45 miles
Tesla Supercharger
5.46 miles
Town Hall
9.03 miles
Parking Garage
0.65 miles
Cook Pond Access
1.82 miles
Somerset Route 6 Park and Ride
1.87 miles
South Watuppa Boat Ramp
1.98 miles
Somerset Route 103 Park and Ride
2.47 miles
Headwaters Conservation Area
3.39 miles
Ridge Hill
7.04 miles
Freetown Park and Ride
8.33 miles
Walmart
8.64 miles
Lot 15
9.02 miles
Nice N'Clean
9.86 miles
Dunkin'
0.09 miles
J J's Coney Island Hot Dogs
0.31 miles
Academica Restaurant
0.38 miles
Applebee's
0.39 miles
Caravela Family Restaurant
0.40 miles
Ice Cream Stand
0.44 miles
McDonald's
0.46 miles
Tipsy Toboggan Fireside Pub
0.50 miles
Taco Bell Cantina
0.51 miles
KFC
0.55 miles
Chaves Market
0.44 miles
Stop & Shop
0.46 miles
Portugalia Marketplace
0.56 miles
Walmart Supercenter
1.25 miles
Burlington
1.68 miles
Daou Market
1.86 miles
TJ Maxx
1.89 miles
ALDI
1.92 miles
Market Basket
1.93 miles
Marshalls
4.22 miles
Saint Anne's Hospital
0.57 miles
Fall River Fire Department
0.72 miles
Fall River City Police Dept
0.76 miles
Corrigan Mental Health Center
0.84 miles
Charlton Memorial Hospital
0.95 miles
Truesdale Clinic
1.42 miles
Southcoast Health Urgent Care
1.84 miles
Somerset Police Department
2.84 miles
Somerset Fire Department
2.88 miles
Swansea Fire Department
2.99 miles
Listing Summary
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Property Details 235 S Main St totals 22,608 square feet of Office space across 3 floors on a lot spanning 0.18 acres.
The property was initially built in 1900.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 94, indicating that it is perfect for walking.
Tri Town Retail Advisors