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$ 2,455,000
Est. payment /mo
Active
5 Dover St New Bedford, MA 02740
29,103 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 29,103 sqft
Price per Sqft $84
MLS Listing ID 73537518
HOA Y/N false
Year Built 1903
Annual Tax Amount $35,399
Tax Year 2026
Lot Size 9,583 Sqft
Acres 0.22
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.
Location
State MA
County Bristol
Zoning MUB
Direction Use GPS to 5 Dover Street / 392 Acushnet Avenue, New Bedford.
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Rubber
Others
Senior Community false
Listed by RE/MAX Vantage