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Prime Retail Condominium with Parking
For Sale
$649,000

30 North Water St, New Bedford, MA 02740

Rare retail condo with parking in historic downtown New Bedford.

Days on Market101

Property Features for 30 North Water St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2005
Listing Agency: Conway - Mattapoisett
Listed By: Jane Kalife Paul · License #9089076
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 2 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conway - Mattapoisett

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a first-floor retail condominium and an off-street parking space on the iconic cobblestone corner of Centre and North Water Streets in downtown New Bedford. The retail space features two walls of floor-to-ceiling windows, a large open-concept retail area, a private back office suitable for additional retail or storage, a bathroom, and a green space courtyard with a sitting area. A large storage room in the basement is also included. The property is located directly behind the Whaling Museum and is surrounded by restaurants, hotels, and art galleries. It is also located minutes from the Martha's Vineyard/Nantucket Fast Speed Ferry and the Boston T Station. This street-level retail space offers customer visibility within New Bedford's National Historic Park. The location has a walk score of 83, indicating it is very walkable, a bike score of 53, indicating it is bikeable, and a transit score of 32, indicating some transit options are available.

Key Highlights

  • Prime 1st floor retail condominium on a highly visible, iconic cobblestone corner in Downtown New Bedford.
  • Includes a coveted off‑street parking space.
  • Located in New Bedford's National Historic Park, directly behind the Whaling Museum and surrounded by successful businesses.

Property Analytics

Current Use

Hayward-Boynton & Williams Inc Land Surveyor Salt and Sole Department Store

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,911
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 21% Hotels & Casinos 13%
McDonald's Dining
19,099 visits/mo 0.5 miles
KFC Dining
14,064 visits/mo 0.5 miles
Bank of America Shops & Services
11,555 visits/mo 0.3 miles
Fairfield Inn Hotels & Casinos
5,110 visits/mo 0.2 miles
Dunkin' Donuts Dining
3,457 visits/mo 0.3 miles

Demographics for 02740, MA

45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Rare retail condo with parking in historic downtown New Bedford.
Where is this retail space located?
The property is located at 30 North Water St New Bedford, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Prime 1st floor retail condominium on a highly visible, iconic cobblestone corner in Downtown New Bedford.; Includes a coveted off‑street parking space.; Located in New Bedford's National Historic Park, directly behind the Whaling Museum and surrounded by successful businesses.
More about this property
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