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87 Tremont Street

New Bedford, MA 02740
$660,000
8,061 Living Area
  • Property Description
    Rare opportunity to acquire a self-storage facility in New Bedford offering immediate income and substantial upside potential. This approximately 8,061 sq ft industrial building features 31 storage units with a mix of 6x6 and 10x15 units, on-site parking, and a half bath for operational convenience. Current gross annual income is approximately $49,200, with multiple vacant units providing an excellent opportunity to increase occupancy and boost cash flow. The property offers public water and sewer, gas heat, overhead garage doors, and a functional layout designed for efficient self-storage operations. Strategically located near downtown New Bedford, major roadways, residential neighborhoods, and local businesses, creating a strong customer base and long-term demand. Ideal for investors seeking a stable income-producing asset with significant value-add potential through lease-up and rent optimization.
  • Highlights
    • Property Class: Commercial Sale
    • Status: Active
    • Year Built: 1930
  • Additional Details
    • Roof: Shingle
    • Zoning Description: Legal Conforming
    • Zoning: Rb
  • Fees / Taxes
    • Tax Year: 2025
    • Taxes: $7,168

Location

87 Tremont Street, New Bedford, MA 02740

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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 Lamacchia Realty, Inc. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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