Historic Conversion, CO Self-Storage Opportunity – Fall River, MA
288 Plymouth Ave, Fall River, MA 02721

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Price
Market Bid
NRSF
116,446
Fall River, MA
C/O
Excellent location on the ramp to I-195, with great visibility from I-195
Facility already generates close to $10,000 per month from retail leases and the billboard lease
Large site spanning 4.34 Acres
Located close to the Route-79 & Davol St Corridor Improvement project, with several multifamily projects being planned in the 3-mile radius of the site

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Fall River C/O Opportunity.

This facility, with a projected 116,446 net rentable square feet of storage space, will offer 1,063 climate-controlled storage units, and an additional 25,400 SF of retail space, with the 2 retail spaces already leased, and generating approx. $6,700 in monthly rent. The building is a L-shaped 4 story structure, with two loading ramps added to the existing structure.

The building is positioned at an excellent location, facing a busy commercial stretch of Plymouth Avenue, and sits between a McDonald’s and an I-195 East onramp. The building has great visibility from I-195 and a signed billboard lease is already in place, generating approx. $3,200 every month.

The commercial stretch of Plymouth Avenue hosts several retail centers near the facility, including, Stop & Shop grocery store, CVS, Applebee’s Restaurant, medical offices, and several strip malls. The site is located close to the Route-79 & Davol St Corridor Improvement project, which will greatly enhance the economic outlook in the trade area, with construction expected to be completed in 2026. Additionally, there are several new multifamily projects being planned in the 3-mile radius of the site.

This investment offers a unique opportunity to take possession of one of the largest storage facilities in the trade area at C/O, that already generates approx. $10,000 in rental revenue from existing tenants.

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