Listing Agency: Hartel Realty g***@hartelrealty.com Show Phone

Listed By: Greg Hartel Show Phone

Source: Moodyscre

Added: May 12, 2025 Changed: Jul 10 Last Checked: Jul 21 at 4:55AM

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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

Property Profile

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.

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Explore this area Business Placement

Market

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties ... What are key features of this property?

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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 asking price?

The asking price for this property is $3,995,000.

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.