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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 Market605

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
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 and Ceiling in 2021, New Heavy duty Freezer Doors in 2022. - New Boiler for entire building. - Join well established complimentary businesses in this complex located in the heart of the New Bedford business district.
Contact us
Listing Agency: Hartel Realty
Listed By: Greg Hartel · License #9511655
Source: Moodyscre
Added: Mar 5, 2025 Changed: Oct 25 Last Checked: Oct 30 at 11:13AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

$18.55 /SF/Yr
Avg Asking Price
$5.11–$41.14 /SF/Yr
Price Range
4,557 SF
Avg Space Size

This space is priced 53% below the average of $18.55 /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

Frequently Asked Questions

What type of property is this?
Office unit - Fully leased mixed-use property with office, retail, and cold storage.
Where is this office unit 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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Includes: Price & PSF · Cap rate · Location · Zoning

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