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Class A Office Condo Space
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50 N 2nd St, New Bedford, MA 02740

Class A office condo space in development with parking included and modified triple net terms with heat and electric in base rent.

Property Size4,172 SF
Price / SF$0.00
Days on Market78

Property Features for 50 N 2nd St

General Information

Standard status Active
Size 4,172 SF
Class A
Total Parking Spaces 4
Zoning IA
Lease Type Modified Gross

Taxes and HOA fees

Annual Taxes $18,940

Building Details

Building Size 4,172 SF
Year Built 1821
Listing Agency: Lanagan & Co
Listed By: Jason P Lanagan
Source: 413realestate
Added: Jun 6 Changed: Aug 8 Last Checked: Aug 22 at 3:52AM

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 Class A office condo space is under development and is being marketed for lease or for an ownership option. The opportunity includes the ability to plan and design the interior before the space is completed and presented to the market.

The building is situated within the Whaling National Historical Park and is positioned on the Whaling Museum’s expanding campus, with additional neighborhood development ongoing. Parking is included, and additional spaces are available for sale.

Leases are described as modified triple net, with heat and electric included in the base rent. The final price per square foot will be determined based on the intended use, lease term, and tenant improvement (TI) requests.

Key Highlights

  • Class A office condo space available for lease/own under development in the Whaling National Historical Park
  • Year built: 1821
  • Parking included, with additional parking spaces available for sale

Property Analytics

Current Use

Aaron Institute, LLC Foster Care Service Jonathan Hillson Schwartz Physician Gerald Porta Potty ... Building Supply South County Psychiatry Crisis Center Charles West Foster Care Service

Suggested Use

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

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

2,017
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Class A office condo space in development with parking included and modified triple net terms with heat and electric in base rent.
Where is this office units located?
The property is located at 50 N 2nd St New Bedford, MA.
What are key features of this property?
This property features: Class A office condo space available for lease/own under development in the Whaling National Historical Park; Year built: 1821; Parking included, with additional parking spaces available for sale
More about this property
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