Retail Space with Plaza
For Sale
Contact for pricing
950 Kings Hwy # 6A, New Bedford, MA 02745
5,180-square-foot retail unit within a multi-tenant commercial plaza serving retail, office, healthcare, and service-oriented users.
Property Size5,180 SF
Price / SF$0.00
Days on Market51
Property Features for 950 Kings Hwy # 6A
General Information
Standard status
Active
Size
5,180 SF
Property subtype
Commercial
Zoning
PB
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$469,814
Building Details
Building Size
5,180 SF
Year Built
1965
Listing Agency:
Coastal Realty
(508) 990-4280
Listed By:
Noble Vincent · License #106427
(413) 626-1655
Source:
Churchillprop
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 5:21AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 6A offers 5,180 square feet of retail space within a multi-tenant commercial plaza. The property was built in 1965 and is zoned PB, supporting a commercial setting with established destination tenants and a mix of retail, office, healthcare, and service-oriented businesses.
Access is provided through the plaza’s internal circulation system, with a Route 140 entrance and exit ramps nearby. The center accommodates multiple available units, including Unit 6A, and benefits from daily activity generated by its tenant mix and repeat customer traffic.
Access is provided through the plaza’s internal circulation system, with a Route 140 entrance and exit ramps nearby. The center accommodates multiple available units, including Unit 6A, and benefits from daily activity generated by its tenant mix and repeat customer traffic.
Key Highlights
- 5,180 SF retail unit identified as Unit 6A
- Located within a multi‑tenant commercial plaza
- PB zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,054
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,401,080
$1.4M
Cap Rate 7%
$1,000,771
$1.0M
Cap Rate 9%
$778,378
$778.4K
Market Conditions
NOI Build-Up for 5,180 SF
Gross rent
$108.8K $21.00/SF
− Vacancy
−$8.7K −$1.68/SF
EGI
$100.1K $19.32/SF
− OpEx
−$30.0K −$5.80/SF
NOI
$70.1K $13.52/SF
Area
New Bedford, MA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,401,080
Cap Rate 7%
$1,000,771
Cap Rate 9%
$778,378
Alternative Uses
Best Use
Retail
$1.00M
$875.7K – $1.17M
NOI $70,054 @ 7.0% cap · market cap 389,188.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,915 @ 7.0% cap · market cap 593,972.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
216k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 24%
Groceries 16%
Apparel 12%
Stop & Shop
Groceries
35,641 visits/mo
0.4 miles
McDonald's
Dining
26,699 visits/mo
0.3 miles
Wendy's
Dining
21,784 visits/mo
0.4 miles
Savers Thrift Store
Apparel
16,012 visits/mo
0.1 miles
Ocean State Job Lot
Shops & Services
13,599 visits/mo
0.2 miles
Demographics for 02745, MA
25,336
Population
10,649
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
83%
High-School Grad
9.8 sq mi
ZIP Area
2,585
Density / Sq Mi
$73,154
Median Household Income
$46,978
Median Earnings
$1,104
Median Rent
$339,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - 5,180-square-foot retail unit within a multi-tenant commercial plaza serving retail, office, healthcare, and service-oriented users.
Where is this retail space located?
The property is located at 950 Kings Hwy # 6A New Bedford, MA.
What are key features of this property?
This property features: 5,180 SF retail unit identified as Unit 6A; Located within a multi‑tenant commercial plaza; PB zoning
