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Leased Mixed-Use Investment Opportunity
For Sale
$3,995,000

376 Nash Road, New Bedford, MA 02740

100% leased mixed-use property with office, retail, and cold storage.

Property Size63,272 SF
Lot Size3.80 Acres
Price / SF$63.14
Days on Market151

Property Features for 376 Nash Road

General Information

Standard status Active
Size 63,272 SF
Lot size 3.80 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $51,000

Building Details

Year Built 1919
Listing Agency: Hartel Realty
Listed By: Greg Hartel
Source: Classifiedrealtygroup
Added: Mar 26 Changed: Aug 23 Last Checked: Aug 23 at 2:56AM

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 Hartel Realty

Investment Insights

Based on property information with market context.

This mixed-use property offers a fully leased investment opportunity, comprising office, retail, and cold storage spaces. The total gross leasable area (GLA) is approximately 63,272 square feet, distributed across two levels. A significant portion of the property is dedicated to cold storage warehousing, offering around 17,000 square feet with a ceiling height of 32 feet. The remaining 46,272 square feet is configured as office and flex space. The property is situated on a 3.8-acre site and includes shared parking facilities. Loading and unloading operations are facilitated by two loading docks, two overhead doors, and four additional overhead doors. A 20-year solar carport lease is in place, featuring annual increases of 2%. There is potential for additional revenue from the parking area. Zoned IB - Industrial B, the property is located approximately one mile from the New Bedford fishing docks, approximately 30.8 miles from Providence, RI, and approximately 55.4 miles from Boston, MA. It is also conveniently located approximately 0.5 miles from Interstate I-195 and less than 0.5 miles from Route 140.

Key Highlights

  • 100% Leased Mixed Use Property (Office/Retail/Cold Storage)
  • Significant Cold Storage Warehouse Space with High Ceiling (17,000± SF, 32’)
  • Favorable Location: Close to Interstate I‑195 (.5± Mile) and Route 140 (Less than .5± Mile)

Property Analytics

Current Use

Costa's Tang Soo ... Sports School Gandara Center Crisis Center FamousFoods.Com Big Box & Wholesale Store Anchor Medical Group ... Medical Clinic Luzo Food Services Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 100% leased mixed-use property with office, retail, and cold storage.
Where is this mixed-use property located?
The property is located at 376 Nash Road New Bedford, MA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 100% Leased Mixed Use Property (Office/Retail/Cold Storage); Significant Cold Storage Warehouse Space with High Ceiling (17,000± SF, 32’); Favorable Location: Close to Interstate I‑195 (.5± Mile) and Route 140 (Less than .5± Mile)
More about this property
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