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Multi-Tenant Mixed-Use Property
For Sale
$2,455,000

5 Dover St, New Bedford, MA 02740

Commercial Sale, New Bedford, MA

Property Size29,103 SF
Lot Size0.22 Acres
Price / SF$84.36
Days on Market79

Property Features for 5 Dover St

General Information

Property type Commercial Sale
Property subtype Other
Zoning MUB
Zoning description Legal Conforming
Directions Use GPS to 5 Dover Street / 392 Acushnet Avenue, New Bedford.
Standard status Active
APN 05300008900
Size 29,103 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 35399

Building Details

Year built 1903
Listing Agency: RE/MAX Vantage · RE/MAX International
Listed By: Eddie Lopez
Added: Jun 17 Changed: Sep 3 Last Checked: Sep 3 at 7:06PM
MLS# 73537518

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property at 5 Dover St in New Bedford contains 29,103 square feet on a 0.2179-acre site. Built in 1903, the multi-tenant asset is reported as 99% rented and carries MUB zoning. The property is positioned for commercial ownership with multiple tenant spaces already in place.

The site is in historic downtown New Bedford, close to restaurants, services, downtown amenities, and the Port of New Bedford. It also offers access to major routes and the city's working waterfront. The seller-stated cap rate is approximately 7.17% based on seller-stated NOI. Buyers and agents should independently verify rents, leases, expenses, zoning, use, financials, and other property information.

Key Highlights

  • 29,103‑square‑foot mixed‑use commercial property on a 0.2179‑acre site
  • 99% rented multi‑tenant asset
  • MUB zoning supports the property's mixed‑use classification

Property Analytics

Current Use

Thomas P Crotty ... Law Firm Behavioral Development and Educational ... Training Center My Turn Inc Charitable Organization Nationwide Tax & Business ... Tax Preparation Compass Business Intermediaries Consultant

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Spa & Massage Center Skin Care Clinic Nail Salon Kitchen & Bath Showroom

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

99%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,017
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
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 - MUB-zoned commercial property with multiple occupied tenant spaces near downtown amenities and the Port of New Bedford.
Where is this mixed-use property located?
The property is located at 5 Dover St New Bedford, MA.
What is the asking price?
The asking price for this property is $2,455,000.
What are key features of this property?
This property features: 29,103‑square‑foot mixed‑use commercial property on a 0.2179‑acre site; 99% rented multi‑tenant asset; MUB zoning supports the property's mixed‑use classification
More about this property
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