Corner Retail and Office
1337 Ashley Blvd, New Bedford, MA 02745
Call to check price and availability
Corner lot storefront with strong visibility and flexible space for retail, professional offices, or service uses.
Type:RETAIL
Property size:
1,600 SFPrice / SF:
$234/SF- Added:
- Jun 12, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 20 at 8:26 am
Property Features for 1337 Ashley Blvd
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- RETAIL
Listing office Coastal Commercial Real Estate (774) 644-3420
Listing date Jun 12, 2026
Source Moodyscre
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 Coastal Commercial Real Estate
HighLights
- Corner lot storefront on a high‑traffic residential neighborhood with strong visibility and easy accessibility
- Flexible space suited for retail, professional offices, boutique services, or a hair & nail salon
- Excellent frontage and positioned for maximum exposure with established surrounding homes
- Convenient to Greater New Bedford Regional Vocational Technical High School, supermarkets, banks, restaurants, and retail stores
Overview
This property is a corner-lot commercial building offering flexible storefront-ready space suitable for retail, professional office use, boutique services, or a hair and nail salon. The offering is presented as a longtime neighborhood landmark and is positioned to support a variety of owner-operator and business models seeking a highly visible location. With easy accessibility and excellent frontage, the site is designed to put everyday foot traffic to work for your business.
Situated in a high-traffic residential neighborhood, the property benefits from steady daily activity and prominent exposure. The area is described as established and community-oriented, with nearby options including a vocational technical high school, supermarkets, banks, restaurants, and retail stores. The combination of surrounding homes and everyday amenities supports consistent visibility for both customer-facing and professional service tenants.
For tenants, buyers, or operators, the practical advantage is versatility within a retail-and-office framework on a corner lot with convenient access. The location’s mix of neighborhood services and nearby institutions can help support businesses that rely on walk-in traffic, client visits, and convenient customer access. This is an opportunity to acquire a well-known local property and adapt it to the specific retail or professional use you plan to operate.
Situated in a high-traffic residential neighborhood, the property benefits from steady daily activity and prominent exposure. The area is described as established and community-oriented, with nearby options including a vocational technical high school, supermarkets, banks, restaurants, and retail stores. The combination of surrounding homes and everyday amenities supports consistent visibility for both customer-facing and professional service tenants.
For tenants, buyers, or operators, the practical advantage is versatility within a retail-and-office framework on a corner lot with convenient access. The location’s mix of neighborhood services and nearby institutions can help support businesses that rely on walk-in traffic, client visits, and convenient customer access. This is an opportunity to acquire a well-known local property and adapt it to the specific retail or professional use you plan to operate.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.4k | $24.00 |
| − Vacancy | −$6.1k | −$3.84 |
| EGI | $32.3k | $20.16 |
| − OpEx | −$8.1k | −$5.04 |
| NOI | $24.2k | $15.12 |
1,600 SF · lease $24.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$345.6K
$302.4K – $403.2K
NOI $24,192 @ 7.0% cap · market cap 6.45%
Second Best
Retail
$309.1K
$270.5K – $360.6K
NOI $21,638 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$471.8K
$412.8K – $550.4K
NOI $33,024 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
High Flotation Tire ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9354756
- Latitude
- 41.6966183
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Corner lot storefront with strong visibility and flexible space for retail, professional offices, or service uses.
Where is this storefront property located?
The property is located at 1337 Ashley Blvd New Bedford, MA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Corner lot storefront on a high‑traffic residential neighborhood with strong visibility and easy accessibility; Flexible space suited for retail, professional offices, boutique services, or a hair & nail salon; Excellent frontage and positioned for maximum exposure with established surrounding homes
