1 Pearl - Warehouse FOR SALE


New Bedford, MA 02740
$5,000,000 USD
508-990-4280
1 Pearl, New Bedford, MA for Sale
$5,000,000 USD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

1 Pearl
New Bedford, MA 02740


HIGHLIGHTS

  • Next to MBTA and Mass-Coastal Rail Road
  • Prime Industrial Location
  • Close proximity to Rt18, I-195, Rt 24, and Rt 140

OVERVIEW

ATTENTION all investors, HOTEL, HOUSING & RETAIL end users! This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18! Here is your opportunity directly abutting the fully operating Railroad Depot. This is a 3.16-acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal. TODS benefit people, cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept that has already been approved once. TOD development offers limited soft costs with zoning & height regulations all but waived. Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port, a new transit system & countless amenities, major employers, academic institutions, beaches, harbor walks, shops, dining, museums & an art community

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.78

LAND SF

121,097

ZONING

IB

APN/PARCEL ID

ATTL-000072-000000-000173

ASK ABOUT THIS PROPERTY

Lori NeryCoastal Commercial Real EstateMore Info
508-990-4280

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Lori NeryCoastal Commercial Real EstateMore Info
508-990-4280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.