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First-Floor Restaurant Unit
For Sale
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701 Orchard Street # 1, New Bedford, MA 02744

Open restaurant space with a commercial kitchen, bar, restrooms, and dedicated storage areas.

Property SizeContact for details
Days on Market423

Property Features for 701 Orchard Street # 1

General Information

Standard status Active
Property subtype Commercial
Zoning MUB

Additional Details

Floor 1
Liquor License No

Taxes and HOA fees

Annual Taxes $7,036

Building Details

Year Built 1920
Listing Agency: EXP Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Jun 13, 2025 Changed: Aug 8 Last Checked: Aug 8 at 3:59AM

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 EXP Realty

Investment Insights

Based on property information with market context.

This first-floor restaurant unit is configured for food-service operations, with a bright open dining or service area, a large kitchen, storage rooms, bathrooms, and a bar. The space was built in 1920 and is identified within the MUB zoning designation. A liquor license is not currently in place.

The unit may also be combined with the second-floor space, providing an option to expand the premises through the separately identified adjoining unit. Located at 701 Orchard Street in New Bedford, the property offers a defined restaurant layout with core operational areas already in place.

Key Highlights

  • First‑floor restaurant unit at 701 Orchard Street # 1, New Bedford, MA 02744
  • Large, bright open floor plan
  • Large kitchen plus dedicated 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.

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 - Open restaurant space with a commercial kitchen, bar, restrooms, and dedicated storage areas.
Where is this conventional restaurant located?
The property is located at 701 Orchard Street # 1 New Bedford, MA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: First‑floor restaurant unit at 701 Orchard Street # 1, New Bedford, MA 02744; Large, bright open floor plan; Large kitchen plus dedicated storage areas
More about this property
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