$399,000
1,700
Living Area
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Property Description
Exceptional Investment Opportunity: Free-Standing Commercial Real Estate Property For Sale! Discover the potential of this prime corner location in New Bedford, offering high visibility and a reliable income stream. This well-maintained property is perfect for investors seeking passive income, with a long-term tenant in place. The successful retail owner will lease back at $2,500 per month, providing immediate cash flow. Additionally, the property generates bonus income of $8,000–$10,000 per year from outside donation bins.The main level features a bright retail space with a restroom, while the lower level offers ample assembly and storage space. This turnkey investment in a thriving area is an opportunity you won’t want to miss. To ensure the continued success of the operational business, all interested buyers must sign a Non-Disclosure Agreement (NDA) prior to property visits.Act now—this rare investment opportunity won’t last long!
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Highlights
- Parking Spots: 10
- Year Built: 1970
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Legal Conforming
- Zoning: Mub
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Fees / Taxes
- Tax Year: 2024
- Taxes: $4,400
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