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114-116 County St 6,092 SF 100% Leased Retail Building New Bedford, MA 02744 $1,800,000 ($295.47/SF)


Executive Summary
Don't miss your opportunity to own this well-maintained, income-producing property in the heart of New Bedford! This property provides diversified streams of income from first floor restaurant, 13 rooms for rent above, and a 3-family building in the rear of the property. Property is fully leased and stabilized at market-value rents, bringing in over $18,000 in monthly income. Many recently-installed security features allow for ease of management. This property is located 1.5 miles from the Martha's Vineyard/Nantucket ferry, 2 miles from the Church Street commuter rail station, and has nearby access to highways 195 and 140, an ideal location for those looking to invest in the south shore.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,092 SF
Year Built
1910
Price
$1,800,000
Price Per SF
$295.47
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.03
Lot Size
0.14 AC
Zoning
MUB
Frontage
53’ on County St
Amenities
- Bus Line
Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NEWB-000024-000000-000119 | Improvements Assessment | $805,900 |
| Land Assessment | $103,800 | Total Assessment | $909,700 |
Property Taxes
Parcel Number
NEWB-000024-000000-000119
Land Assessment
$103,800
Improvements Assessment
$805,900
Total Assessment
$909,700
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114-116 County St
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