$1,200,000
Active54 Main Street
Fairhaven, MA, 02719
Commercial · MLS #73564462
Days on market
8 days
Lot size
0.13 ac
0.13 acres
Lot
About this home
A standout redevelopment opportunity in the heart of Historic Fairhavenwhere vision meets a major head start. Formerly the Fairhaven American Legion Hall, this substantial downtown property is positioned for its next chapter with an approved building permit and architectural plans for conversion of the existing reception hall into a 12-unit apartment complex. For a developer or investor, the groundwork already completed creates an exciting opportunity to move forward with a defined residential concept while unlocking the value of a distinctive landmark property. Three existing commercial storefronts further enhance the possibilities, offering the potential for multiple income streams and a dynamic mixed-use investment under one roof. The two-story brick building commands a prominent presence near Fairhaven's historic center, waterfront, Route 6 and New Bedford. With residential plans, permitting and commercial space already in the equation, this is far more than a buildingit's an opportunity to transform an established downtown property into a compelling income-producing asset and bring an exciting redevelopment project to life.
Location
54 Main Street, Fairhaven, MA, 02719
Property details
- Parking
- Common
Listed by Cheryl Perry · Lamacchia Realty, Inc.
Schedule a showing
54 Main Street
Estimated payment
$7,869 / month
Loan term
- Principal & interest
- $6,169
- Property tax
- $1,200
- Home insurance
- $500
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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