Log In/Sign Up
Your email has been sent.
1 Welby Rd 24,000 SF 100% Leased Office Building New Bedford, MA 02745 $1,350,000 ($56.25/SF)
Investment Highlights
- Just minutes from Downtown New Bedford, Route 140, Routes 24 & 495, the commuter rail station & New Bedford Regional Airport
- A 500 SF office becomes available August 1st, creating immediate leasing potential
- The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants
Executive Summary
First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford, Route 140, Routes 24 & 495, the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,000 SF
Building Class
C
Year Built
1972
Price
$1,350,000
Price Per SF
$56.25
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,000 SF
Building FAR
0.54
Lot Size
1.02 AC
Zoning
IA - Office Building
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Alves Chiropractic Center
- Professional, Scientific, and Technical Services
- -
- $17.00
- Plus Utilities
- -
- Eliot Youth Services
- -
- -
- -
- -
- -
- Greater New Bedford PT
- -
- -
- -
- -
- -
- Melissa Trindade LICSW
- -
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- Plus Utilities
- -
The Massachusetts Society for the Prevention of Cruelty to Children was established in 1878 as one of the first child protection agencies in the country. Originally focused on rescuing children from abusive situations, the organization expanded its services throughout the 20th century. Today, MSPCC operates numerous programs in areas like foster care, adoption support, mental health services, and parenting education. They provide therapeutic interventions, family counseling, and community-based advocacy initiatives. The organization remains committed to its founding mission through modern approaches addressing both historical and emerging child welfare challenges.
-
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Alves Chiropractic Center | Professional, Scientific, and Technical Services | - | $17.00 | Plus Utilities | - | |
| Eliot Youth Services | - | - | - | - | - | |
| Greater New Bedford PT | - | - | - | - | - | |
| Melissa Trindade LICSW | - | - | - | - | - | |
|
|
Health Care and Social Assistance | - | - | Plus Utilities | - | |
|
|
Retailer | - | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NEWB-000132E-000000-000004 | Improvements Assessment | $608,100 |
| Land Assessment | $412,200 | Total Assessment | $1,020,300 |
Property Taxes
Parcel Number
NEWB-000132E-000000-000004
Land Assessment
$412,200
Improvements Assessment
$608,100
Total Assessment
$1,020,300
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1 Welby Rd