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Historic Medical Office Suite
For Lease
$20 SF/Yr

899 Pleasant St #East, New Bedford, MA 02740

Completely reconstructed downtown office building with elevator, handicap access, and flexible unit sizes for healthcare use.

Space SizeContact for details
Property Size700 SF
Days on Market930

Property Features for 899 Pleasant St #East

General Information

Standard status Active
Size 700 SF
Total Parking Spaces 20
Zoning MUB

Additional Details

Highway Access Yes
Office Units 2

Taxes and HOA fees

Annual Taxes $35,653

Building Details

Building Size 700 SF
Year Built 2019
Listing Agency: Coastal Realty
Listed By: Lori A Nery · License #451501061
Source: Insightrealtygroup
Added: Feb 15, 2024 Changed: Aug 25 Last Checked: Sep 1 at 2:26PM

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 Coastal Realty

Investment Insights

Based on property information with market context.

This for-rent medical office suite is located within a completely reconstructed historic building in Downtown New Bedford. The space offers large open areas with natural light and high ceilings, along with city views. Designed for client convenience, the building includes handicap entrances and restrooms, ample parking, and an elevator.

The property sits on a corner location on Pleasant/Hillman Street near Routes 6 and 18, placing it in the heart of downtown activity. The surrounding area features restaurants, galleries, museums, the MV Ferry Terminal, and the new MBTA commuter rail.

Two office units are available, which total 3,000 square feet and can be leased as 700 and 2,300 square foot configurations. The building is positioned to support a range of professional healthcare and wellness services, including medical spa, physical therapy, chiropractic, and counseling uses.

Key Highlights

  • 2019 year built, completely reconstructed downtown office building with elevator
  • Two available units totaling 3,000 sq ft, with space leased as 700 sq ft and 2,300 sq ft units
  • Handicap entrances and handicap restrooms for client and customer accessibility

Property Analytics

Current Use

Dr. Moftah El-Ghadi, ... Dental Office Sound Dentistry Dental Office May Behavior Health Social Service Agency

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store Nail Salon Cafe & Coffee Shop

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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,065
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for New Bedford, MA

$14 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
3,817 SF
Avg Space Size

This space is priced 43% above the average of $14 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Completely reconstructed downtown office building with elevator, handicap access, and flexible unit sizes for healthcare use.
Where is this medical office space located?
The property is located at 899 Pleasant St #East New Bedford, MA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2019 year built, completely reconstructed downtown office building with elevator; Two available units totaling 3,000 sq ft, with space leased as 700 sq ft and 2,300 sq ft units; Handicap entrances and handicap restrooms for client and customer accessibility
More about this property
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