5 Dover St, New Bedford, MA 02740
Well-occupied downtown office building in a walkable waterfront market with convenient access to major routes.
- Added:
- Jun 20, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 22 at 2:24 am
Property Features for 5 Dover St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1903
Listing office (774) 263-1830
Listing date Jun 20, 2026
Source Elliman
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 Donald Sylvia
HighLights
- Multi‑tenant commercial property in historic downtown New Bedford, near cobblestone streets and minutes from the Port of New Bedford
- Year built: 1903
- 99% rented multi‑tenant setup
- Positioned at approximately a 7.17% cap rate based on seller‑stated NOI (buyer to verify)
- Seller states multiple tenants; buyer to perform due diligence on rents, leases, and expenses
- WalkScore 83 (very walkable); bikeScore 53 (bikeable); transitScore 32 (some transit)
Overview
The asset is located in historic downtown New Bedford and is described as being near the city’s cobblestone streets. It is also presented as being just minutes from the Port of New Bedford, described as America’s #1 fishing port. Convenience to downtown amenities, the working waterfront, restaurants, services, and major routes is highlighted, and the property is associated with BikeScore 53, WalkScore 83, and TransitScore 32.
For investors and owner-users seeking a multi-tenant office property with existing leasing in place, the current tenant mix and high occupancy are key considerations. The location’s walkability and proximity to the waterfront and downtown services may support tenant access and day-to-day convenience. Prospective buyers should review leases and rent rolls carefully as part of the due diligence process before making a decision.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9248118
- Latitude
- 41.6360382