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    895-899 Pleasant St New Bedford, MA 02740

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    For Lease
    $20 SF/Yr ($2,166 /Mo)

    Reconstructed historic building with modern amenities in downtown New Bedford.

    Property size:
    1,300 SF
    Lot size:
    0.38 Acres

    Property Features for 895-899 Pleasant St

    General Information

    Size
    1,300 SF
    Lot size
    0.38 Acres

    Source: Coastal Commercial Real Estate Agent Lori A. Nery

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

    Overview

    Historic Building in Downtown

    This historic building, prominently located at the corner of Pleasant and Hillman Streets near Routes 6 and 18 in downtown New Bedford, has been completely reconstructed. The property features large, open spaces with natural light, high ceilings, and city views. State-of-the-art construction provides high energy efficiency. Convenient features include handicap entrances and restrooms, ample parking, and an elevator. The available units, totaling 3000 square feet, can be leased as 1700 and 1300 square foot units. The location is near historic cobblestone streets with restaurants, galleries, museums, and the MV Ferry terminal. The new commuter rail is upcoming. It is ideal for a medical spa, physical therapists, wellness center, chiropractors, and counseling services.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9278973
    Latitude
    41.6396018

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    FAQs

    What type of property is this?
    Office space - Reconstructed historic building with modern amenities in downtown New Bedford.
    Where is this office space located?
    The property is located at 895-899 Pleasant St New Bedford, MA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Completely and handsomely reconstructed historic building.; - Large open spaces with natural light, high ceilings, and city views.; - State-of-the-art construction with high energy efficiency.
    (508) 736-2387
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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
    895-899 Pleasant St New Bedford, MA 02740
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