1 Pearl St - Commercial LAND FOR SALE


New Bedford, MA 02740 121,097 SF
$5,000,000 USD
508-990-4280
1 Pearl St, New Bedford, MA for Sale
$5,000,000 USD
Commercial LAND - FOR SALE
1/24
121,097 SF

1 Pearl St
New Bedford, MA 02740


OVERVIEW

ATTENTION all investors, hotel, developers & 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 "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project.". 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 & a art community

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$1,798,561/AC

PRICE/SF

$41 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.78 AC

LAND SF

121,097 SF

OFFSITE IMPROVEMENTS

-

ZONING

IB

APN/PARCEL ID

NEWB-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.