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    250 Union St New Bedford, MA 02740

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    For Lease
    $5,000 /Mo ($13 SF/Yr)

    Updated restaurant space with working kitchen and potential beer garden.

    Property size:
    4,331 SF
    Lot size:
    0.12 Acres

    Property Features for 250 Union St

    General Information

    Size
    4,331 SF
    Lot size
    0.12 Acres

    Source: E. J. Pontiff Real Estate Agent Jeffrey Pontiff

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

    Overview

    Downtown Restaurant Space Available

    This updated restaurant space is located in downtown and features large windows facing Union Street. One of the windows rolls up, creating an open-air space. The property includes a working kitchen and tables ready for use. There is an unfinished on-tap beer system that was intended to be used as a "Beer Garden". The property offers 4331 square feet of space and is suitable for restaurant, retail, or bar use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -70.9280147
    Latitude
    41.6338165

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    FAQs

    What type of property is this?
    Restaurant - Updated restaurant space with working kitchen and potential beer garden.
    Where is this restaurant located?
    The property is located at 250 Union St New Bedford, MA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Amazing downtown restaurant available.; - Updated restaurant location in downtown area.; - Large windows facing Union Street.
    (508) 961-1671
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    250 Union St New Bedford, MA 02740
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    New Bedford, MA 02740
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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
    250 Union St New Bedford, MA 02740
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