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    1510 Padanaram Ave New Bedford, MA 02740

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    For Sale
    $649,900

    Blank slate property with private beach access and development potential.

    Lot size:
    0.22 Acres

    Property Features for 1510 Padanaram Ave

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1930

    Source: Amaral & Associates RE Agent Adam R. Amaral

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

    Overview

    Waterfront Property with Private Beach

    This property offers a unique opportunity with private beach access and the option to add a private dock, suitable for various high-end uses. Currently, the building is a shell, ready for customization. Potential uses include an upscale restaurant, executive office suites, or residential condos. The property features a waterfront location with private beach access, and the potential for private dock installation. Two large loading doors are present, suitable for continued commercial use. A spacious second floor is ideal for offices or possible living quarters. Modern, energy-efficient windows are installed throughout the building. The property provides water views, especially from the upper level, and ample parking with a large paved lot. Three-phase electric power is available. The layout is flexible, offering a blank canvas for custom design.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Similar Places Nearby

    Morton's Fork Catering Co, Knotty Pine Catering

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9305218
    Latitude
    41.6118099

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    FAQs

    What type of property is this?
    Restaurant - Blank slate property with private beach access and development potential.
    Where is this restaurant located?
    The property is located at 1510 Padanaram Ave New Bedford, MA.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Waterfront location with **private beach access**; - Seller offering private financing with 20% down and 6.5% interest; - Potential for private dock installation
    (508) 725-2225
    Request Owner's contact information
    1510 Padanaram Ave 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
    1510 Padanaram Ave New Bedford, MA 02740
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