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Renovated Downtown Office Unit
For Lease
$550/Mo

555 Pleasant St, New Bedford, MA 02740

Commercial Lease, New Bedford, MA

Space SizeContact for details
Lot Size0.12 Acres
Days on Market1136

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 400 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: Aug 6, 2023 Changed: Aug 20 Last Checked: Sep 14 at 7:06AM
MLS# 73145189

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.

Suite 3A Room 1 is a 400-square-foot office unit within the Standard Times Building, a property originally constructed in 1894. The space has been renovated with a modern office finish and includes access to a common bathroom in the hallway.

Elevator service supports access to the suite, while parking is available for tenants at an additional charge. The property is located on Pleasant St in downtown New Bedford and carries MUB zoning.

Key Highlights

  • 400‑square‑foot renovated office unit
  • Located in the Standard Times Building
  • Elevator access to the office suite

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
$2.48 /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 12% 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 suite with elevator access, shared hallway bathroom, 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 $550/Mo.
What are key features of this property?
This property features: 400‑square‑foot renovated office unit; Located in the Standard Times Building; Elevator access to the office suite
More about this property
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