Description
INVEST IN FALL RIVER! OPPORTUNITY ZONE. 75 5th St is approximately 21,000 sq ft of “mill style” space ready for a face lift. Approved for a variance of up to 27 Bedrooms (27 1BR or Studio Apts.) with 1 for 1 parking relief (27 parking spots to get 27 BRs). Parking can be a combination of on site and off site parking. Several options available. This lot has BIG potential for anyone looking to take on their next project. With residential space becoming scarce in Fall River, this is one of the last historical buildings left to be converted. Originally built for horse stables in the 1800’s, this fortress of a building was last used as an ornament warehouse. Located near the main Fall River bus station, downtown, and highway I-195, the building sits in an “Opportunity Zone,” which gives developers options for tax-free gains. But wait, there’s more! Don’t miss out, this space won’t last for long! Book a showing, today!
Location
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Listing Agent: David Ferreira Courtesy of: Fortified Realty Group Updated: 5th February, 2023 9:12 AM (UTC)
