Sold!
$825,000
14
Beds
4/3
Baths
15,345
Living Area
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Property Description
Significant Price Improvement: Presenting this architecturally significant landmark in the City of New Bedford: This historic gem, known as The Thomas Building, is believed to have been constructed in 1921. Originally housing a beloved department store, it has long served as an anchor to Goulart Square and the vibrant South End community. Comprising of five storefront units, including a spacious 2500+ sqft area most recently utilized as a restaurant, this property offers diverse commercial potential. Additionally, the second and third floors boast four residential units, two four bedrooms and two three bedrooms, providing a perfect blend of work and living spaces. Situated in a neighborhood sharing the city's exciting and exponential growth, the Thomas Building is a rare property and a truly coveted investment opportunity.
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Highlights
- Area: South
- Property Class: Residential Income
- Total Rooms: 26
- Status: Closed
- Parking Spots: 4
- Property Type: 5-9 Family
- Year Built: 1921
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Additional Details
- Construction: Frame, Brick
- Foundation: Other
- Road Frontage Type: Public
- Year Built Details: Approximate
- Zoning: Mub
- Fireplaces: 2
- Lot Features: Corner Lot
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, University
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $892,600
- Compensation Based On: Net Sale Price
- Taxes: $10,853
- Buyer Agent Compensation: 2%
- Tax Year: 2024
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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 Kava Realty Group, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
