87 Tremont Street New Bedford, MA 02740

Building Details

Year Built

1930

Listing agency Lamacchia Realty, Inc c***@lamacchiarealty.com Show Phone

Listed by Cheryl Perry Show Phone

Source Lockandkeyre

Added: Jun 29 Updated: Jul 21 at 3:28AM Checked: Jul 21 at 3:28AM

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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.

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

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FAQs

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