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Mixed-Use Office/Retail/Cold Storage Building
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115 Church St, New Bedford, MA

Fully leased mixed-use property with office, retail, and cold storage.

Space Size17,000 SF
Lot Size3.09 Acres
Days on Market560

Property Features for 115 Church St

General Information

Standard status Active
Size 17,000 SF
Lot size 3.09 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 115 Church St Contact us

115 Church St $8.75/SF/Yr

Floor
1
Size
17,000 SF
Type
INDUSTRIAL
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- New updates include Membrane Roof in 2019, Cold Storage new loading Dock walls...
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Listing Agency: Hartel Realty
Listed By: Greg Hartel
Source: Moodyscre
Added: Mar 5, 2025 Changed: Sep 6 Last Checked: Sep 15 at 7:59AM

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 Hartel Realty

Investment Insights

Based on property information with market context.

This mixed-use property is 100% leased and comprises office, retail, and cold storage spaces. The building has a total area of 63,272 square feet and is situated on a 3.8-acre site. It features shared parking facilities, two loading docks, and six overhead doors. The property includes a 20-year solar carport lease and has an 8.85% capitalization rate.

Key Highlights

  • 100% Leased, providing immediate income.
  • Excellent 8.85% Cap Rate, indicating a strong return on investment.
  • 63,272 SF Mixed‑Use Property (Office/Retail/Cold Storage), offering diverse income streams.

Property Analytics

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Current Use

Luzo Maxi-Market Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Hotel & Motel

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
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Bedford, MA

$16.3 /SF/Yr
Avg Asking Price
$5.11–$41.14 /SF/Yr
Price Range
5,128 SF
Avg Space Size

This space is priced 46% below the average of $16.3 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fully leased mixed-use property with office, retail, and cold storage.
Where is this office units located?
The property is located at 115 Church St New Bedford, MA.
What is the lease rate?
The lease rate is $8.75 SF/Yr.
What are key features of this property?
This property features: 100% Leased, providing immediate income.; Excellent 8.85% Cap Rate, indicating a strong return on investment.; 63,272 SF Mixed‑Use Property (Office/Retail/Cold Storage), offering diverse income streams.
(617) 256-3169 Call to check price and availability
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