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Restaurant Unit Ready To Go
For Lease
$2,400/Mo

701 Orchard St 1, New Bedford, MA 02744

First floor restaurant unit available for rent.

Space SizeContact for details
Days on Market165

Property Features for 701 Orchard St 1

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: E. J. Pontiff Real Estate
Listed By: E. Jeffrey Pontiff · License #451500777
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Aug 21 at 7:44AM

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 E. J. Pontiff Real Estate

Investment Insights

Based on property information with market context.

A first-floor restaurant unit is available for rent. The unit features a large, bright, open floor plan, a large kitchen and storage areas, bathrooms, and a bar. Note that there is no liquor license currently associated with the property. The unit could be combined with the second-floor unit.

Key Highlights

  • Ready‑to‑go restaurant unit – start serving immediately.
  • Large, bright, open floor plan.
  • Features large kitchen and storage areas.

Property Analytics

Current Use

Clube Uniao Faialense Association Or Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 38% Electronics 3% Home Improvements & Furnishings 1%
Cumberland Farms Shops & Services
20,046 visits/mo 0.3 miles
Dollar Tree Shops & Services
15,737 visits/mo 0.3 miles
Dunkin' Donuts Dining
12,555 visits/mo 0.0 miles
Burger King Dining
11,434 visits/mo 0.2 miles
Taco Bell Dining
9,556 visits/mo 0.3 miles

Demographics for 02744, MA

13,055
Population
5,609
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
10,042
Density / Sq Mi
$54,841
Median Household Income
$36,799
Median Earnings
$1,133
Median Rent
$344,800
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?
Conventional restaurant - First floor restaurant unit available for rent.
Where is this conventional restaurant located?
The property is located at 701 Orchard St 1 New Bedford, MA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Ready‑to‑go restaurant unit – start serving immediately.; Large, bright, open floor plan.; Features large kitchen and storage areas.
More about this property
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