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Vanilla Box Retail Space
For Lease
$2,200/Mo

127 Union St, New Bedford, MA 02740

Street-level suite with large storefront windows, natural light, and secure basement storage.

Space Size2,198 SF
Days on Market103

Property Features for 127 Union St

General Information

Standard status Active
Size 2,198 SF
Net Rentable 2,198 SF
Lease Type Gross

Space & Availability

Available Space 2,198 SF
Floor Ground
Space Use Retail
Furnished No

Additional Details

Utilities to Site Yes

Building Details

Year Built 2024
Listing Agency: Lanagan & Co
Listed By: Jason P. Lanagan
Source: Alpernandmesenbourg
Added: May 21 Changed: Aug 31 Last Checked: Aug 25 at 3:56AM

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 Lanagan & Co

Investment Insights

Based on property information with market context.

This 2,198-square-foot retail space offers 1,710 square feet at street level plus 488 square feet of secure basement storage. The storefront glazing brings substantial natural light into the premises, while the vanilla-box delivery provides a straightforward starting point for a tenant’s buildout. The space is located at 127 Union St on Lower Union Street in Downtown New Bedford and carries MUB zoning.

The property is offered under a gross lease structure, with gas, electric, and water separately metered for tenant payment. The building was constructed in 2024, combining newer construction with a dedicated street-facing retail layout and below-grade storage.

Key Highlights

  • 2,198 SF total, including 1,710 SF of street‑level retail and 488 SF of basement storage
  • Large storefront windows provide abundant natural light
  • Vanilla‑box delivery supports a tenant‑configured buildout

Property Analytics

Current Use

Moby Dick Ship ... Home Decor Store

Suggested Use

Top Pick Spa & Massage Center Computer & Electronic Repair Skin Care Clinic Nail Salon Real Estate Agency Kitchen & Bath Showroom

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

Lease Details

Yes
Utilities to site
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,017
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 22% Hotels & Casinos 12%
McDonald's Dining
19,099 visits/mo 0.3 miles
KFC Dining
14,064 visits/mo 0.3 miles
Bank of America Shops & Services
11,555 visits/mo 0.1 miles
Fairfield Inn Hotels & Casinos
5,110 visits/mo 0.2 miles
Dunkin' Donuts Dining
3,457 visits/mo 0.2 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

Lease Benchmarks for New Bedford, MA

$14.2 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
12,935 SF
Avg Space Size

This space is priced 15% below the average of $14.2 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level suite with large storefront windows, natural light, and secure basement storage.
Where is this retail space located?
The property is located at 127 Union St New Bedford, MA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 2,198 SF total, including 1,710 SF of street‑level retail and 488 SF of basement storage; Large storefront windows provide abundant natural light; Vanilla‑box delivery supports a tenant‑configured buildout
More about this property
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