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Flexible Retail Space with High Ceilings
New
For Lease
$2,000/Mo

278 Union St, New Bedford, MA 02740

Newly built commercial space offers a customizable layout for retail, showroom, office, studio, or service-oriented operations.

Space SizeContact for details
Days on Market3

Property Features for 278 Union St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: Town Hall Realty, Inc.
Listed By: Luisa Lopes
Source: Elliman
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 22 at 8:34AM

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 Town Hall Realty, Inc.

Investment Insights

Based on property information with market context.

Completed in 2025, this approximately 4,000-square-foot retail space features high ceilings and an open interior that can be configured around a tenant’s operational requirements. The adaptable premises may support retail, office, showroom, studio, fitness and wellness, or professional-service uses, subject to zoning and required approvals. Its unfinished, customizable condition allows an incoming occupant to shape the space for its business concept.

The property is located at 278 Union St in New Bedford, with access to downtown amenities, nearby businesses, and major routes. The surrounding area records a walk score of 70, a bike score of 51, and a transit score of 47. A long-term lease opportunity is available.

Key Highlights

  • Approximately 4,000 SF of commercial space
  • High ceilings and an open interior configuration
  • Customizable blank‑canvas condition

Property Analytics

Current Use

First Federal Savings ... Bank

Suggested Use

Top Pick Computer & Electronic Repair Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,477
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

Lease Benchmarks for New Bedford, MA

$14.2 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
13,916 SF
Avg Space Size

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?
Retail space - Newly built commercial space offers a customizable layout for retail, showroom, office, studio, or service-oriented operations.
Where is this retail space located?
The property is located at 278 Union St New Bedford, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Approximately 4,000 SF of commercial space; High ceilings and an open interior configuration; Customizable blank‑canvas condition
More about this property
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