Mixed-Use Income
For Sale
$1,800,000
114-116 County Street New Bedford, New Bedford, MA 02744
Fully leased multi-component property combining a first-floor restaurant with rentable rooms and a rear three-family building.
Property SizeContact for details
Days on Market80
Property Features for 114-116 County Street New Bedford
General Information
Standard status
Active
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
(508) 501-1443
Listed By:
Derek DaRosa
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 4
Changed: Jul 10
Last Checked: Aug 21 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Derek DaRosa
Investment Insights
Based on property information with market context.
This well-maintained mixed-use income property includes a first-floor restaurant, 13 rooms for rent on the upper level, and a three-family building in the rear. The asset is fully leased and described as stabilized at market-value rents. Recent security features are noted as supporting day-to-day management.
The property is located on County Street in New Bedford. It is approximately 1.5 miles from the Martha’s Vineyard/Nantucket ferry and about 2 miles from the Church Street commuter rail station. Highway access to Routes 195 and 140 is also stated as nearby.
For investors or owner-operators, the combination of restaurant income with upstairs room rentals and additional rear-family units creates multiple revenue streams within one managed property. The existing leasing status and stabilized positioning provided in the remarks may appeal to buyers looking for a turn-key, operating asset with noted security upgrades, while the proximity to ferry and commuter rail supports a tenant and guest mix that can align with daily travel demand.
The property is located on County Street in New Bedford. It is approximately 1.5 miles from the Martha’s Vineyard/Nantucket ferry and about 2 miles from the Church Street commuter rail station. Highway access to Routes 195 and 140 is also stated as nearby.
For investors or owner-operators, the combination of restaurant income with upstairs room rentals and additional rear-family units creates multiple revenue streams within one managed property. The existing leasing status and stabilized positioning provided in the remarks may appeal to buyers looking for a turn-key, operating asset with noted security upgrades, while the proximity to ferry and commuter rail supports a tenant and guest mix that can align with daily travel demand.
Key Highlights
- 1910‑built multi‑component property with a first‑floor restaurant plus rentable rooms and a rear 3‑family building
- Fully leased and stabilized at market‑value rents, generating over $18,000 in monthly income
- Includes 13 rooms for rent above the restaurant
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02744, MA
13,055
Population
5,609
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
10,042
Density / Sq Mi
$54,841
Median Household Income
$36,799
Median Earnings
$1,133
Median Rent
$344,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully leased multi-component property combining a first-floor restaurant with rentable rooms and a rear three-family building.
Where is this conventional restaurant located?
The property is located at 114-116 County Street New Bedford New Bedford, MA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1910‑built multi‑component property with a first‑floor restaurant plus rentable rooms and a rear 3‑family building; Fully leased and stabilized at market‑value rents, generating over $18,000 in monthly income; Includes 13 rooms for rent above the restaurant
