5 Dover St
New Bedford, MA 02740

$2,455,000

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Listing Details

$2,455,000
MLS# 73537518
Type Commercial - Business
Status Active

29,103
Square Feet
0.218 acres
Lot Size
1903
Year Built

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Listed By

Agency Name: RE/MAX Vantage
Agent Name: Donald Sylvia
Agency Phone: 774-992-0297

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

Located in historic downtown New Bedford, near the citys iconic cobblestone streets and just minutes from the Port of New Bedford, Americas #1 fishing port. This 99% rented multi-tenant commercial property offers a strong income-producing opportunity in one of the South Coasts 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 buyers agent to perform all due diligence and verify all financials, rents, leases, expenses,...read more

Features

$35,399 Taxes
Built in 1903

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