Sold!
$1,600,000
33,298
Living Area
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Property Description
Situated in Historical Downtown New Bedford, this beautiful, four-story, mixed use building has long term tenants in place providing a steady income stream and a stable foundation for this investment property. Take advantage of the visibility and traffic of this prime downtown location, while potentially benefitting both residential and commercial use. With renovations, an investor can maintain the buildings character while making it suitable for their chosen uses. Ultimately, the potential of this mixed-use building in Downtown New Bedford depends on vision, the local market, and willingness to invest time, effort and resources into maximizing its value.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1925
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Non-Conforming
- Zoning: Mub
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Facilitator Compensation: 2%
- Taxes: $52,308
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Listing information provided courtesy of Century 21 Signature Properties.
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