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Renovated Office Suite
For Lease
$2,400/Mo

555 Pleasant St, New Bedford, MA 02740

Commercial Lease, New Bedford, MA

Space SizeContact for details
Lot Size0.12 Acres
Days on Market1290

Property Features for 555 Pleasant St

General Information

Property type Commercial Lease
Property subtype Other
Zoning MUB
Zoning description Legal Conforming
Directions Off of Union St., Downtown New Bedford
Standard status Active
APN M:0052 L:0286,2891988
Size 700 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 32402

Amenities

common bathroom
parking available

Building Details

Year built 1894
Listing Agency: RE/MAX Vantage · RE/MAX International
Listed By: Eddie Lopez
Added: Mar 4, 2023 Changed: Aug 19 Last Checked: Sep 14 at 7:06AM
MLS# 73088239

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office Unit 2A, Room 1 provides 700 square feet of renovated workspace within the Standard Times Building, a downtown New Bedford property completed in 1894. The suite includes access to a common restroom located in the hallway and building elevator service.

Parking is available for tenants, and the property is located at 555 Pleasant St in New Bedford, MA 02740. The property carries MUB zoning and is offered for lease as an office unit.

Key Highlights

  • 700 square feet of renovated office space
  • Suite 2A, Room 1 in the Standard Times Building
  • Building constructed in 1894

Property Analytics

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Current Use

American Income Life ... Insurance Agency Law Office of Lewis ... Law Firm IGMS Charitable Organization Peter Michael Martin Artist McCormack Law Law Firm

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Computer & Electronic Repair Skin Care Clinic Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.17 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,162
Businesses Nearby

Demographics for 02740, MA

45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Bedford, MA

$14.71 /SF/Yr
Avg Asking Price
$5.11–$41.14 /SF/Yr
Price Range
5,611 SF
Avg Space Size

This space is priced 180% above the average of $14.71 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Modern office workspace in a downtown building with elevator access, shared hallway restrooms, and tenant parking availability.
Where is this office units located?
The property is located at 555 Pleasant St New Bedford, MA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 700 square feet of renovated office space; Suite 2A, Room 1 in the Standard Times Building; Building constructed in 1894
More about this property
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