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    115 Church St New Bedford, MA 02746

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    For Sale
    $3,995,000

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

    Property size:
    63,272 SF
    Lot size:
    3.09 Acres

    Property Features for 115 Church St

    General Information

    Size
    63,272 SF
    Lot size
    3.09 Acres

    Source: Hartel Realty Agent Greg Hartel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Office/Retail/Cold Storage Building

    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.
    Location Intelligence

    Current Use by Public Records

    Luzo Maxi-Market Food Products Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9357414
    Latitude
    41.6649641

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    FAQs

    What type of property is this?
    Office space - Fully leased mixed-use property with office, retail, and cold storage.
    Where is this office space 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.
    (617) 256-3169
    Request Owner's contact information
    115 Church St New Bedford, MA 02746
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    New Bedford, MA 02746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Church St New Bedford, MA 02746
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