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Leased Mixed-Use Investment Opportunity
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376 Nash Rd, New Bedford, MA 02746

100% leased mixed-use property with office, retail, and cold storage.

Property Size63,272 SF
Lot Size3.80 Acres
Price / SF$63.14
Days on Market1066

Property Features for 376 Nash Rd

General Information

Standard status Active
Size 63,272 SF
Lot size 3.80 Acres
Property subtype Industrial
Zoning IB

Building Details

Buildings 1
Stories 2
Listing Agency: Hartel Realty Corp.
Listed By: Greg Hartel
Source: Crexi
Added: Sep 20, 2023 Changed: Aug 20 Last Checked: Aug 19 at 9:37PM

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 Hartel Realty Corp.

Investment Insights

Based on property information with market context.

This mixed-use property offers a fully leased investment opportunity, comprising office, retail, and cold storage spaces. The total gross leasable area (GLA) is approximately 63,272 square feet, distributed across two levels. A significant portion of the property is dedicated to cold storage warehousing, offering around 17,000 square feet with a ceiling height of 32 feet. The remaining 46,272 square feet is configured as office and flex space. The property is situated on a 3.8-acre site and includes shared parking facilities. Loading and unloading operations are facilitated by two loading docks, two overhead doors, and four additional overhead doors. A 20-year solar carport lease is in place, featuring annual increases of 2%. There is potential for additional revenue from the parking area. Zoned IB - Industrial B, the property is located approximately one mile from the New Bedford fishing docks, approximately 30.8 miles from Providence, RI, and approximately 55.4 miles from Boston, MA. It is also conveniently located approximately 0.5 miles from Interstate I-195 and less than 0.5 miles from Route 140.

Key Highlights

  • 100% Leased Mixed Use Property (Office/Retail/Cold Storage)
  • Significant Cold Storage Warehouse Space with High Ceiling (17,000± SF, 32’)
  • Favorable Location: Close to Interstate I‑195 (.5± Mile) and Route 140 (Less than .5± Mile)

Property Analytics

Current Use

Costa's Tang Soo ... Sports School Gandara Center Crisis Center FamousFoods.Com Big Box & Wholesale Store Anchor Medical Group ... Medical Clinic Luzo Food Services Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Hotel & Motel

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

1,085
Businesses Nearby

Demographics for 02746, MA

17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 100% leased mixed-use property with office, retail, and cold storage.
Where is this mixed-use property located?
The property is located at 376 Nash Rd New Bedford, MA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 100% Leased Mixed Use Property (Office/Retail/Cold Storage); Significant Cold Storage Warehouse Space with High Ceiling (17,000± SF, 32’); Favorable Location: Close to Interstate I‑195 (.5± Mile) and Route 140 (Less than .5± Mile)
(617) 256-3169 Call to check price and availability
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