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$ 1,750,000
Est. payment | /mo
5,662 Sqft Lot
$ 1,750,000
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73492885
HOA Y/N false
Year Built 1910
Annual Tax Amount $12,442
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Don't miss your opportunity to own this well-maintained, income-producing property in the heart of New Bedford! This property provides diversified streams of income from first floor restaurant, 13 rooms for rent above, and a 3-family building in the rear of the property. Property is fully leased and stabilized at market-value rents, bringing in over $18,000 in monthly income. Many recently-installed security features allow for ease of management. This property is located 1.5 miles from the Martha's Vineyard/Nantucket ferry, 2 miles from the Church Street commuter rail station, and has nearby access to highways 195 and 140, an ideal location for those looking to invest in the south shore.
Location
State MA
County Bristol
Zoning MUB
Direction Block between Blackmer Street & Delano Street.
Others
Senior Community false
Listed by RE/MAX Vantage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "