5 Dover St - Office/Residential FOR SALE


New Bedford, MA 02740- Downtown New Bedford
$2,455,000 USD
774-992-0297
5 Dover St, New Bedford, MA for Sale
$2,455,000 USD
Office/Residential - FOR SALE
1/72
null | 7.17% Cap Rate

5 Dover St
New Bedford, MA 02740
Downtown New Bedford


HIGHLIGHTS

  • 29,103 SF multi-tenant commercial investment property in historic downtown New Bedford
  • Positioned at approximately a 7.17% cap rate based on seller-stated NOI from the June 2026 rent roll.
  • Minutes from the Port of New Bedford, America’s #1 fishing port.
  • Diverse tenant mix including professional, service, educational, and institutional-style tenants.
  • Located near downtown amenities, restaurants, services, cobblestone streets, and the working waterfront.
  • Financial package available to serious, qualified investors upon request.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,455,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

7.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,732 SF

ZONING

MUB

APN/PARCEL ID

NEWB-000053-000000-000089

ASK ABOUT THIS PROPERTY

Ronald OliveiraRE/MAX VantageMore Info
774-992-0297

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Ronald OliveiraRE/MAX VantageMore Info
774-992-0297

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