Auto Shop with Spray
For Sale
Contact for pricing
225 Kempton St, New Bedford, MA 02740
The property includes two separately deeded buildings positioned on opposite sides of the street.
Property Size9,592 SF
Price / SF$172.02
Days on Market187
Property Features for 225 Kempton St
General Information
Standard status
Active
Size
9,592 SF
Property subtype
Retail
Zoning
MUB
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
spray booth
Building Details
Year Built
1979
Buildings
2
Stories
1
Units
2
Listing Agency:
Coastal Realty
Listed By:
Lori Nery · License #MA
(508) 990-4280
Source:
Crexi
Added: Apr 2
Changed: Oct 3
Last Checked: Oct 5 at 4:20PM
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 Realty
Investment Insights
Based on property information with market context.
This auto shop property includes a 9,592-square-foot facility arranged for collision repair and related automotive work. Improvements include a spray booth, multiple work bays, parking, and the tools, fixtures, and equipment associated with the operation. The source information also identifies frame straightening, automotive painting, and insurance-approved repair capabilities.
Two individually deeded buildings are located on opposite sides of the street, creating separate physical components within the property. The site fronts Route 6 and provides access to Route 195, with traffic exposure along the route. The business has operated for decades and serves both individual drivers and insurance partners.
Two individually deeded buildings are located on opposite sides of the street, creating separate physical components within the property. The site fronts Route 6 and provides access to Route 195, with traffic exposure along the route. The business has operated for decades and serves both individual drivers and insurance partners.
Key Highlights
- 9,592‑square‑foot auto shop facility
- Spray booth and multiple work bays
- Tools, fixtures, and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,722
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,594,440
$2.6M
Cap Rate 7%
$1,853,171
$1.9M
Cap Rate 9%
$1,441,356
$1.4M
Market Conditions
NOI Build-Up for 9,592 SF
Gross rent
$201.4K $21.00/SF
− Vacancy
−$16.1K −$1.68/SF
EGI
$185.3K $19.32/SF
− OpEx
−$55.6K −$5.80/SF
NOI
$129.7K $13.52/SF
Area
New Bedford, MA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,594,440
Cap Rate 7%
$1,853,171
Cap Rate 9%
$1,441,356
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,722 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,415 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$2.83M
$2.47M – $3.30M
NOI $197,979 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,172
Businesses Nearby
51k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 25%
Hotels & Casinos 3%
McDonald's
Dining
19,099 visits/mo
0.1 miles
KFC
Dining
14,064 visits/mo
0.1 miles
Bank of America
Shops & Services
11,555 visits/mo
0.3 miles
Dunkin' Donuts
Dining
3,457 visits/mo
0.3 miles
New Bedford Harbor Hotel
Hotels & Casinos
1,798 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Speedee new Bedford — New Bedford, MA 02740
- Deemer Mega Towing and Roadside — 849 Purchase St, New Bedford, MA 02740
- Used Engines and Transmissions — 128 Union St, New Bedford, MA 02740, United States
- International Auto Repair — 308 Mill St, New Bedford, MA 02740
- Torres Auto Tech — 296 Mill St, New Bedford, MA 02740
Frequently Asked Questions
What type of property is this?
Auto shop - The property includes two separately deeded buildings positioned on opposite sides of the street.
Where is this auto shop located?
The property is located at 225 Kempton St New Bedford, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 9,592‑square‑foot auto shop facility; Spray booth and multiple work bays; Tools, fixtures, and equipment included
