Search
Historic Mixed-Use Building
For Sale
Contact for pricing
Pending

414-430 Rivet St, New Bedford, MA 02740

Five storefronts and four residential apartments combine commercial and residential occupancy.

Property SizeContact for details
Days on Market142

Property Features for 414-430 Rivet St

General Information

Standard status Pending
Property subtype Retail

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Town and Country Real Estate
Listed By: Gary Lockberg · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:48AM

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 Berkshire Hathaway HomeServices Town and Country Real Estate

Investment Insights

Based on property information with market context.

The Thomas Building at 414-430 Rivet St is a historic mixed-use property believed to date to 1921. The building contains five storefront units, including a commercial area exceeding 2,500 square feet that was most recently used as a restaurant. The upper floors add four residential units: two four-bedroom apartments and two three-bedroom apartments.

The property has a longstanding connection to Goulart Square and New Bedford’s South End community. It originally accommodated a department store, giving the building an established commercial presence within the surrounding neighborhood.

Key Highlights

  • Five storefront units within the commercial portion of the building
  • 2,500+ square feet of space most recently used as a restaurant
  • Four residential units: two four‑bedroom and two three‑bedroom apartments

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,259
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five storefronts and four residential apartments combine commercial and residential occupancy.
Where is this mixed-use property located?
The property is located at 414-430 Rivet St New Bedford, MA.
What are key features of this property?
This property features: Five storefront units within the commercial portion of the building; 2,500+ square feet of space most recently used as a restaurant; Four residential units: two four‑bedroom and two three‑bedroom apartments
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message