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New Bedford,MA 02740
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $234
MLS Listing ID 73319748
Year Built 1970
Annual Tax Amount $4,400
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Exceptional Investment Opportunity: Free-Standing Commercial Real Estate Property For Sale! Discover the potential of this prime corner location in New Bedford, offering high visibility and a reliable income stream. This well-maintained property is perfect for investors seeking passive income, with a long-term tenant in place. The successful retail owner will lease back at $2,500 per month, providing immediate cash flow. Additionally, the property generates bonus income of $8,000–$10,000 per year from outside donation bins.The main level features a bright retail space with a restroom, while the lower level offers ample assembly and storage space. This turnkey investment in a thriving area is an opportunity you won't want to miss. To ensure the continued success of the operational business, all interested buyers must sign a Non-Disclosure Agreement (NDA) prior to property visits.Act now—this rare investment opportunity won't last long!
Location
State MA
County Bristol
Zoning MUB
Exterior
Utilities Available Public Water,Public Sewer
Roof Type Asphalt/Composition Shingles