$2,455,000
29,103
Living Area
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Property Description
Located in historic downtown New Bedford, near the city’s iconic cobblestone streets and just minutes from the Port of New Bedford, America’s #1 fishing port. This 99% rented multi-tenant commercial property offers a strong income-producing opportunity in one of the South Coast’s most recognizable waterfront markets. The property features multiple tenants and is being positioned at approximately a 7.17% cap rate based on seller-stated NOI. Convenient access to downtown amenities, the working waterfront, restaurants, services, and major routes. Buyer and buyer’s agent to perform all due diligence and verify all financials, rents, leases, expenses, zoning, use, and property information.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1903
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: Mub
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Fees / Taxes
- Tax Year: 2026
- Taxes: $35,399
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