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821 Fall River Ave 6,780 SF Retail Building Seekonk, MA 02771 $2,322,150 CAD ($342.50 CAD/SF) 7.08% Cap Rate



Executive Summary
For Sale – 821 Fall River Ave, Seekonk, MA
821 Fall River Ave offers a turnkey retail/restaurant investment opportunity in a high-visibility Seekonk location. The property features a 7,305 SF freestanding building situated on a generous 3.4-acre lot with plenty of on-site parking. The building is fully leased to a stable NNN tenant through September 2027, with a three-year extension option and annual rent increases, providing predictable income and minimal landlord responsibilities.
The property has been well maintained and recently improved with a brand-new roof, new HVAC system with updated ductwork, and refreshed interior and exterior finishes.
Positioned along busy Fall River Ave, the property benefits from excellent visibility, strong traffic counts, and proximity to national retailers, restaurants, and major roadways, including quick access to I-195. This is an ideal opportunity for an investor seeking a low-maintenance, fully stabilized asset in a thriving commercial corridor.
821 Fall River Ave offers a turnkey retail/restaurant investment opportunity in a high-visibility Seekonk location. The property features a 7,305 SF freestanding building situated on a generous 3.4-acre lot with plenty of on-site parking. The building is fully leased to a stable NNN tenant through September 2027, with a three-year extension option and annual rent increases, providing predictable income and minimal landlord responsibilities.
The property has been well maintained and recently improved with a brand-new roof, new HVAC system with updated ductwork, and refreshed interior and exterior finishes.
Positioned along busy Fall River Ave, the property benefits from excellent visibility, strong traffic counts, and proximity to national retailers, restaurants, and major roadways, including quick access to I-195. This is an ideal opportunity for an investor seeking a low-maintenance, fully stabilized asset in a thriving commercial corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,780 SF
Building Class
B
Year Built/Renovated
1994/2023
Price
$2,322,150 CAD
Price Per SF
$342.50 CAD
Cap Rate
7.08%
NOI
$164,400 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.04 AC
Zoning
Highway Business
Parking
124 Spaces (18.29 Spaces per 1,000 SF Leased)
Frontage
361’ on Fall River Ave
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | SEEK-000080-000000-000180 | Improvements Assessment | $764,626 CAD |
| Land Assessment | $547,902 CAD | Total Assessment | $1,312,527 CAD |
Property Taxes
Parcel Number
SEEK-000080-000000-000180
Land Assessment
$547,902 CAD
Improvements Assessment
$764,626 CAD
Total Assessment
$1,312,527 CAD
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Presented by
Garwaine Realty, Inc.
821 Fall River Ave
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