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Professional Office Near St. Lukes
For Sale
$725,000
Pending

92 Grape St. 1-3, New Bedford, MA 02740

Professional office units near St. Lukes Hospital, New Bedford.

Property Size4,998 SF
Lot Size0.23 Acres
Days on Market266

Property Features for 92 Grape St. 1-3

General Information

Standard status Pending
Size 4,998 SF
Lot size 0.23 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,539

Building Details

Building Size 4,998 SF
Year Built 1989
Listing Agency: Equity Real Estate
Listed By: James Sabra · License #450500342
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 11 Last Checked: Aug 20 at 10:20AM

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 Equity Real Estate

Investment Insights

Based on property information with market context.

This property offers an opportunity to own professional office units located near St. Lukes Hospital. The property, suitable for medical, legal, or other professional uses, includes Units 1 & 3, totaling approximately 4,998 square feet. The site provides ample on-site parking with 28 spaces. The layout is flexible, accommodating both owner-occupants and investors. The property benefits from visibility and accessibility within a high-demand area.

Key Highlights

  • Prime location near St. Lukes Hospital
  • Two units totaling approximately 4,998 sq ft
  • Ample on‑site parking with 28 spaces

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

862
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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office units near St. Lukes Hospital, New Bedford.
Where is this medical office space located?
The property is located at 92 Grape St. 1-3 New Bedford, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime location near St. Lukes Hospital; Two units totaling approximately 4,998 sq ft; Ample on‑site parking with 28 spaces
More about this property
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