Pub Space with Roll-Up
New
For Sale
Contact for pricing
250 Union St, New Bedford, MA 02740
A working kitchen, dining tables, and a street-facing window that opens to the exterior support food-and-beverage operations.
Property Size4,331 SF
Price / SF$1.15
Days on Market4
Property Features for 250 Union St
General Information
Standard status
Active
Size
4,331 SF
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
E. J. Pontiff Real Estate
Listed By:
E. Jeffrey Pontiff · License #451500777
(508) 961-1671
Source:
Lockandkeyre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 24 at 5:23PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,331-square-foot pub property in New Bedford dates to 1920. Its Union Street-facing windows include a roll-up opening that connects the interior with the street. The space has a working kitchen and tables, along with an unfinished draft-beer system intended for a beer garden.
Key Highlights
- 4,331 square feet in a building constructed in 1920
- Working kitchen and dining tables in place
- Union Street‑facing windows include a roll‑up opening
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,900
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,000
$1.3M
Cap Rate 7%
$927,143
$927.1K
Cap Rate 9%
$721,111
$721.1K
Market Conditions
NOI Build-Up for 4,331 SF
Gross rent
$93.5K $21.60/SF
− Vacancy
−$7.0K −$1.62/SF
EGI
$86.5K $19.98/SF
− OpEx
−$21.6K −$5.00/SF
NOI
$64.9K $14.99/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,000
Cap Rate 7%
$927,143
Cap Rate 9%
$721,111
Alternative Uses
Best Use
Specialty Retail
$927.1K
$811.3K – $1.08M
NOI $64,900 @ 7.0% cap · market cap 1,298.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,392 @ 7.0% cap · market cap 1,787.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,477
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 21%
Hotels & Casinos 13%
McDonald's
Dining
19,099 visits/mo
0.3 miles
KFC
Dining
14,064 visits/mo
0.3 miles
Bank of America
Shops & Services
11,555 visits/mo
0.3 miles
Fairfield Inn
Hotels & Casinos
5,110 visits/mo
0.3 miles
Dunkin' Donuts
Dining
3,457 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Knuckle Heads — 85 MacArthur Dr, New Bedford, MA 02740
- Ultra Marine Band Club — 181-185 Acushnet Ave, New Bedford, MA 02740
- 222 Union Restaurant and Bar — 222 Union St, New Bedford, MA 02740
- Spot — 285 Union St, New Bedford, MA 02740
- Sixes & Sevens — 7 S 6th St, New Bedford, MA 02740
Frequently Asked Questions
What type of property is this?
Bar & Pub - A working kitchen, dining tables, and a street-facing window that opens to the exterior support food-and-beverage operations.
Where is this bar & pub located?
The property is located at 250 Union St New Bedford, MA.
What are key features of this property?
This property features: 4,331 square feet in a building constructed in 1920; Working kitchen and dining tables in place; Union Street‑facing windows include a roll‑up opening
