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Spacious Second Floor Open Space
For Lease
$2,400/Mo

701 Orchard St 1, New Bedford, MA 02744

Large open space with hardwood floors and waterview.

Space SizeContact for details
Days on Market287

Property Features for 701 Orchard St 1

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,036

Building Details

Year Built 1920
Listing Agency: E. J. Pontiff Real Estate
Listed By: E. Jeffrey Pontiff · License #451500777
Source: Elliman
Added: Nov 27, 2025 Changed: Sep 8 Last Checked: Sep 9 at 3:07PM

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.

The available space is located on the second floor and features a large, open layout with notable windows and a waterview. The space includes hardwood flooring. It is suitable for various uses, including a dance studio, yoga studio, wellness center, office space, or function room. The space also contains two bathrooms. The tenant is responsible for covering their own utility costs.

Key Highlights

  • Expansive open space with waterview
  • Excellent hardwood flooring throughout
  • Suitable for multiple uses: dance studio, yoga studio, wellness, office, or function room

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Bedford, MA

$14.71 /SF/Yr
Avg Asking Price
$5.11–$41.14 /SF/Yr
Price Range
5,611 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Large open space with hardwood floors and waterview.
Where is this office units 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: Expansive open space with waterview; Excellent hardwood flooring throughout; Suitable for multiple uses: dance studio, yoga studio, wellness, office, or function room
More about this property
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