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    4586 Acushnet Ave New Bedford, MA 02745

    For Sale
    $5,000,000

    Former nursing home facility suitable for housing conversion.

    Lot size:
    3.67 Acres

    Property Features for 4586 Acushnet Ave

    General Information

    Lot size
    3.67 Acres

    Building Details

    Year built
    1973

    Source: Seaport Realty Agent Jeffrey Hathaway

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

    Overview

    Former Nursing Home for Housing

    This property, formerly a nursing home, presents an opportunity for investors to convert it into housing. Located in a city with a need for housing, the building is well-suited for this purpose. The roof and exterior are in good condition, and there is ample parking available on site. The property is situated close to the highway. The building is currently configured as a nursing home, with beds in every room, and features two elevators. The owner will also entertain a lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    SE Massachusetts Health ... Nursing Home Bedford Gardens Nursing Home

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Kitchen & Bath

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

    Similar Places Nearby

    Bedford Gardens

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9425203
    Latitude
    41.7418274

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    FAQs

    What type of property is this?
    Nursing home - Former nursing home facility suitable for housing conversion.
    Where is this nursing home located?
    The property is located at 4586 Acushnet Ave New Bedford, MA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Opportunity to convert former nursing home into much-needed housing in New Bedford.; - Building's roof and exterior are in great shape.; - Ample on-site parking available.
    (617) 755-5333
    Request Owner's contact information
    4586 Acushnet Ave New Bedford, MA 02745
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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
    4586 Acushnet Ave New Bedford, MA 02745
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