Two-Story Multifamily Conversion
For Sale
$1,600,000
194-r Riverside Avenue, New Bedford, MA 02746
1925 construction offers substantial space for residential reconfiguration and multifamily planning.
Property Size26,910 SF
Lot Size2.91 Acres
Price / SF$59.46
Days on Market216
Property Features for 194-r Riverside Avenue
General Information
Standard status
Active
Size
26,910 SF
Lot size
2.91 Acres
Property subtype
Multi-family
Building Details
Year Built
1925
Stories
2
Building Size
26,910 SF
Listing Agency:
Lanagan & Co
Listed By:
Jason P. Lanagan
(617) 875-4950
Source:
Sarkisboston
Added: Jan 30
Changed: Sep 2
Last Checked: Sep 1 at 8:46PM
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 two-story property at 194-R Riverside Avenue contains 26,910 square feet of potential living area and was constructed in 1925. The existing industrial building is positioned for conversion into a multifamily property, with enough interior scale to support varied residential layouts and configurations.
The property occupies a 126,759-square-foot lot in New Bedford, Massachusetts, providing a sizeable site component alongside the building. Its location is included within the city’s future Riverwalk Development initiative. The address is 194-R Riverside Avenue, New Bedford, MA 02746.
The property occupies a 126,759-square-foot lot in New Bedford, Massachusetts, providing a sizeable site component alongside the building. Its location is included within the city’s future Riverwalk Development initiative. The address is 194-R Riverside Avenue, New Bedford, MA 02746.
Key Highlights
- 26,910 square feet of potential living area
- Two‑story building constructed in 1925
- Industrial building identified for multifamily conversion
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Demographics for 02746, MA
17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - 1925 construction offers substantial space for residential reconfiguration and multifamily planning.
Where is this multifamily property located?
The property is located at 194-r Riverside Avenue New Bedford, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 26,910 square feet of potential living area; Two‑story building constructed in 1925; Industrial building identified for multifamily conversion
