Mixed-Use Retail and
For Sale
$1,500,000
330 Hathaway Road, New Bedford, MA 02746
Mixed-use property with retail frontage and residential units located at the rear of the site.
Property Size8,571 SF
Price / SF$175.01
Days on Market113
Property Features for 330 Hathaway Road
General Information
Standard status
Active
Size
8,571 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Sweet Property
Listed By:
Margaret A Sweet
(508) 965-3623
Source:
Mapleandmainrealty
Added: Jun 20
Changed: Oct 8
Last Checked: Oct 10 at 1:45AM
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 Sweet Property
Investment Insights
Based on property information with market context.
This mixed-use property is arranged with retail space at the front of the site and residential space in the rear. The configuration supports both street-facing commercial frontage and separate on-site residential living.
The property is for sale as a single offering, located at 330 Hathaway Rd in New Bedford, Massachusetts. The site layout clearly distinguishes the commercial area in front from the residential area behind.
No additional details are provided regarding unit count, building condition, or specific tenancy, so prospective buyers should review the property for further information on improvements and configuration.
The property is for sale as a single offering, located at 330 Hathaway Rd in New Bedford, Massachusetts. The site layout clearly distinguishes the commercial area in front from the residential area behind.
No additional details are provided regarding unit count, building condition, or specific tenancy, so prospective buyers should review the property for further information on improvements and configuration.
Key Highlights
- Mixed‑use property with retail at the front of the site and residential units in the rear
- Year built: 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,914
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,318,280
$2.3M
Cap Rate 7%
$1,655,914
$1.7M
Cap Rate 9%
$1,287,933
$1.3M
Market Conditions
NOI Build-Up for 8,571 SF
Gross rent
$180.0K $21.00/SF
− Vacancy
−$14.4K −$1.68/SF
EGI
$165.6K $19.32/SF
− OpEx
−$49.7K −$5.80/SF
NOI
$115.9K $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%
$2,318,280
Cap Rate 7%
$1,655,914
Cap Rate 9%
$1,287,933
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.93M
NOI $115,914 @ 7.0% cap · market cap 7.73%
Second Best
Mixed Use
$1.59M
$1.39M – $1.85M
NOI $111,144 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $176,905 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 23%
Dining 20%
Home Improvements & Furnishings 3%
Cumberland Farms
Shops & Services
24,602 visits/mo
0.2 miles
Price Rite
Groceries
24,190 visits/mo
0.4 miles
McDonald's
Dining
21,193 visits/mo
0.3 miles
Exxon
Shops & Services
16,030 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
8,252 visits/mo
0.3 miles
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
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail frontage and residential units located at the rear of the site.
Where is this mixed-use property located?
The property is located at 330 Hathaway Road New Bedford, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use property with retail at the front of the site and residential units in the rear; Year built: 1974
