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Medical Office Suite with Treatment Rooms
For Lease
$10 SF/Yr

2343 Purchase Street # 2, New Bedford, MA 02746

Configured with reception, waiting, treatment, conference, and support areas for a range of medical office operations.

Space Size4,800 SF
Days on Market66

Property Features for 2343 Purchase Street # 2

General Information

Standard status Active
Size 4,800 SF
Net Rentable 4,800 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 4,800 SF
Contiguous Space 4,800 SF
Space Use Office
Sublease No
Private Offices 15
Meeting Rooms 1

Lease Terms

Lease Rate $10 /USD/SF/YR
Monthly Rent $4,000
Rent per SF/Year $10

Taxes and HOA fees

Annual Taxes $999,999

Building Details

Year Built 1951
Listing Agency: E. J. Pontiff Real Estate
Listed By: E. Jeffrey Pontiff · License #451500777
Source: Allisonmazer
Added: Jun 8 Changed: Aug 12 Last Checked: Aug 12 at 3:18AM

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 E. J. Pontiff Real Estate

Investment Insights

Based on property information with market context.

Unit 2 provides 4,800 SF of medical office space with a reception area, windowed waiting room, 14 treatment rooms, and a conference room. One treatment room includes a sink. The layout also offers a larger private office with a closet, three bathrooms, locked storage, and a back-area open room formerly arranged for cubicles. A kitchenette area includes counters and cabinets, while three exits support access throughout the suite.

The property is located at 2343 Purchase Street in New Bedford and adjoins the New Bedford Ballet. Built in 1951, the building accommodates a suite with a substantial mix of clinical, administrative, waiting, and storage areas.

Key Highlights

  • 4,800 SF medical office suite in Unit 2
  • 14 treatment rooms, including one with a sink
  • Reception area with window and a large waiting room

Property Analytics

Current Use

All Care Wellness ... Medical Clinic NorthEast Electrical Building Supply Onyebuchi Ogbo Physician Melissa Sullivan Foster Care Service Mrs. Sonya Garba Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Spa & Massage Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for New Bedford, MA

$14 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
3,700 SF
Avg Space Size

This space is priced 29% below the average of $14 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured with reception, waiting, treatment, conference, and support areas for a range of medical office operations.
Where is this medical office space located?
The property is located at 2343 Purchase Street # 2 New Bedford, MA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 4,800 SF medical office suite in Unit 2; 14 treatment rooms, including one with a sink; Reception area with window and a large waiting room
More about this property
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