Self-Storage Facility with 31
For Sale
$660,000
87 Tremont Street, New Bedford, MA 02740
Industrial building includes 31 storage units, on-site parking, and overhead garage doors, with public water and sewer.
Property Size8,061 SF
Price / SF$81.88
Days on Market69
Property Features for 87 Tremont Street
General Information
Standard status
Active
Size
8,061 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1930
Listing Agency:
Lamacchia Realty, Inc
(508) 441-4446
Listed By:
Cheryl Perry
(508) 965-0103
Source:
Lockandkeyre
Added: Jun 29
Changed: Sep 4
Last Checked: Sep 4 at 6:27AM
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 Lamacchia Realty, Inc
Investment Insights
Based on property information with market context.
This self-storage facility is an approximately 8,061 sq ft industrial building configured with 31 storage units, including a mix of 6x6 and 10x15 sizes. The property includes on-site parking and an operational half bath. Physical features include public water and sewer service, gas heat, and overhead garage doors that support drive-up access for storage use.
Located near downtown New Bedford, the property is positioned for customers coming from major roadways, residential neighborhoods, and local businesses.
The current gross annual income is approximately $49,200, and the offering notes multiple vacant units, creating an opportunity to increase occupancy through lease-up and rent optimization.
Located near downtown New Bedford, the property is positioned for customers coming from major roadways, residential neighborhoods, and local businesses.
The current gross annual income is approximately $49,200, and the offering notes multiple vacant units, creating an opportunity to increase occupancy through lease-up and rent optimization.
Key Highlights
- Approximately 8,061 sq ft industrial self‑storage building built in 1930
- 31 storage units with a mix of 6x6 and 10x15 units
- Current gross annual income is approximately $49,200 with multiple vacant units for potential lease‑up
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Industrial building includes 31 storage units, on-site parking, and overhead garage doors, with public water and sewer.
Where is this self storage facility located?
The property is located at 87 Tremont Street New Bedford, MA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Approximately 8,061 sq ft industrial self‑storage building built in 1930; 31 storage units with a mix of 6x6 and 10x15 units; Current gross annual income is approximately $49,200 with multiple vacant units for potential lease‑up
