194-r Riverside Ave
$1,600,000
26,910
Sqft
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$1,600,000
26,910
Living Area
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Property Description
Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.
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Highlights
- Acres: 2
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Status: Active
- Area: North
- Parking Spots: 60
- Property Type: 5-9 Family
- Year Built: 1925
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Additional Details
- Construction: Brick
- Lot Features: Easements
- Roof: Rubber
- Total Number of Units: 25
- Year Built Source: Public Records
- Foundation: Granite, Slab
- Road Frontage Type: Private Road
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: (ib)
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Amenities
- Parking Features: Off Street
- Waterfront Features: Waterfront, River
- Waerfront: Yes
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $760,200
- Taxes: $17,371
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lanagan & Co.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.