Search
Renovated Mixed-Use Building
For Sale
$545,000

282 Allen St, New Bedford, MA 02740

Renovated mixed-use building with a convenience store and a four-bedroom residential unit above, plus multiple recent upgrades.

Property SizeContact for details
Days on Market40

Property Features for 282 Allen St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1894
Listing Agency: Conway - Dartmouth
Listed By: Maria Fontes
Source: Elliman
Added: Jul 4 Changed: Jul 22 Last Checked: Aug 11 at 9:09AM

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 - Dartmouth

Investment Insights

Based on property information with market context.

This renovated mixed-use commercial and residential building includes a convenience store operating on the first level and a four-bedroom unit above. The seller reports numerous updates, including a new roof, new sewer line, new heating, and new flooring and cooler. The second unit has also been renovated to studs, providing a refreshed interior for the residential layout.

The property is described as being near St. Luke’s Hospital and other medical facilities, and close to a highway, schools, and parks. City approval would be required for other business types. A lottery is to be applied for in the new name, and liquor and tobacco license are not included.

Key Highlights

  • Renovated mixed‑use building (built in 1894) with a convenience store plus a 4‑bedroom residential unit above
  • Recent upgrades include a new roof, new sewer line, and new heating
  • Store improvements include a new floor and cooler

Property Analytics

Current Use

Allen Street Convenience Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering Service

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

1,453
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Sunrise Bakery Dining
5,421 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated mixed-use building with a convenience store and a four-bedroom residential unit above, plus multiple recent upgrades.
Where is this mixed-use property located?
The property is located at 282 Allen St New Bedford, MA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Renovated mixed‑use building (built in 1894) with a convenience store plus a 4‑bedroom residential unit above; Recent upgrades include a new roof, new sewer line, and new heating; Store improvements include a new floor and cooler
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message