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    61 Merrills Wharf New Bedford, MA 02745

    For Sale
    $5,990,000

    Restored waterfront building with flexible layouts and harbor views.

    Lot size:
    0.22 Acres

    Property Features for 61 Merrills Wharf

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1860

    Source: High Pointe Properties Agent Laurie Dickey

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

    Overview

    Historic Waterfront Commercial Landmark

    The Historic Bourne Counting House, recognized as the oldest standing granite building on the New Bedford waterfront, has been restored. The property offers 20,123 square feet across four floors, accessible by an elevator. The building combines historic character with modern upgrades. The first floor, encompassing 6,623 square feet, includes 2,123 square feet currently leased to a coffee shop. The upper floors feature multiple offices, bathrooms, and kitchenettes. The property is suitable for medical, educational, restaurant, office, or retail purposes. It features harbor views, ample parking, and flexible layouts. The property is located in an Opportunity Zone.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ground Floor Coffee Coffee Shop

    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
    -70.9210934
    Latitude
    41.6329431

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    FAQs

    What type of property is this?
    Office building - Restored waterfront building with flexible layouts and harbor views.
    Where is this office building located?
    The property is located at 61 Merrills Wharf New Bedford, MA.
    What is the asking price?
    The asking price for this property is $5,990,000.
    What are key features of this property?
    This property features: - Historic waterfront landmark: The oldest standing granite building on the New Bedford waterfront, offering a unique and prestigious commercial space.; - Prime, high-visibility location: Situated in a desirable waterfront area with ample parking and easy access.; - Income-generating potential: Includes a leased coffee shop on the first floor providing immediate revenue.
    (774) 444-5444
    Request Owner's contact information
    61 Merrills Wharf New Bedford, MA 02745
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    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
    61 Merrills Wharf New Bedford, MA 02745
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