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Church and Retail Space
New
For Lease
$1,500/Mo

50-52 Riv 1, New Bedford, MA 02740

Historic commercial space with flexible business-use potential and walkable access to nearby services.

Space SizeContact for details
Days on Market7

Property Features for 50-52 Riv 1

General Information

Standard status Active
Property subtype Commercial

Additional Details

Available From Immediate

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Year Built 1884
Listing Agency: William Raveis R.E. & Home Services
Listed By: Natacha Pilorge
Source: Elliman
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 1:47PM

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 William Raveis R.E. & Home Services

Investment Insights

Based on property information with market context.

Built in 1884, this specialty commercial property is positioned for church, retail, or other business use. The available space offers a flexible setting for organizations seeking an established commercial building rather than a newly constructed facility.

The property is located in New Bedford, Massachusetts, with a Walk Score of 70, a Bike Score of 51, and a Transit Score of 47. These ratings indicate walkable surroundings, bike-accessible conditions, and some public transportation access.

Key Highlights

  • Built in 1884
  • Suitable for church, retail, and other business uses
  • Walk Score of 70

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Accounting Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 35% Electronics 2% Apparel 1%
Dollar Tree Shops & Services
18,978 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,706 visits/mo 0.3 miles
Bank of America Shops & Services
9,880 visits/mo 0.4 miles
KFC Dining
9,710 visits/mo 0.4 miles
Santander Bank Shops & Services
6,592 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Historic commercial space with flexible business-use potential and walkable access to nearby services.
Where is this church & religious facility located?
The property is located at 50-52 Riv 1 New Bedford, MA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Built in 1884; Suitable for church, retail, and other business uses; Walk Score of 70
More about this property
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