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350 Mariano Bishop Blvd - Newton Park Shopping Plaza 2.71 Acres of Commercial Land Offered at $3,838,780 CAD in Fall River, MA 02721
INVESTMENT HIGHLIGHTS
- Heavy Traffic, on Bus Stop, commuter rail nearby
- Two Signalized Intersections at Property Corners,
- City Street three sides, surrounding big box stores
- city water sewer gas
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 6C-000023
| Price | $3,838,780 CAD | Lot Size | 2.71 AC |
| Price Per AC | $1,416,524.02 CAD |
| Price | $3,838,780 CAD |
| Price Per AC | $1,416,524.02 CAD |
| Lot Size | 2.71 AC |
20,000/day traffic count, commercial/retail property, fronted by 3 streets and curb cuts on 3 sides, 2 traffic lights. 3 existing lighted pylons. City sewer, water, 3 phase electric, gas, cable. Previous strip stores on this site have been razed.
DESCRIPTION
Previously developed site available for sale. Surveys, title insurance and phase I and II soils are completed. Previous structures demolished after accidental lithium battery fire left structural steel unusable. Foundations and concrete slab remain for possible repurposing. Please review soils reports - there is no shallow ground water or rock but there is some non petrochemical contamination, since this was once part of a city landfill. Fantastic visibility on four sides and pylon visibility from route 24, a major thoroughfare with easy on-off cloverleaf. Casino is within 1 mile. Some asphalt paving remain and 33% of lot is grass.
PROPERTY TAXES
| Parcel Number | FALL-000006C-000000-000023 | Total Assessment | $762,318 CAD |
| Land Assessment | $762,318 CAD | Annual Taxes | -$1 CAD |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
PROPERTY TAXES
Presented by
Advance Engineering Inc
350 Mariano Bishop Blvd - Newton Park Shopping Plaza
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