Chaffee St New Bedford, MA 02745
- Land
- 1.56 lot acres
Current Use by Public Records
- Land
Property Details for 0 Chaffee St
- Lot size
- 1.56 lot acres
- Property type
- Land
Description
This exceptional 1.56-acre parcel presents a remarkable investment opportunity in New Bedford, Massachusetts. Located in the north end, this commercially and residentially zoned (RA/RB) property boasts high visibility and convenient access to major highways, situated just 1.3 miles from the Church Street MBTA Commuter Rail station. The versatile lot offers a multitude of development possibilities, including retail storefronts, apartment complexes, or even a bank. Given New Bedford's burgeoning offshore wind project and its projected economic growth, this land represents a strategic acquisition for investors seeking to capitalize on the city's revitalization. The seller is offering a $25,000 buyer credit at closing towards the cost of 21E. The property is located at 0 Chaffee St (SS), 0 Dutton St (SS), New Bedford, MA 02745, and buyers are responsible for conducting their own due diligence. This is a rare chance to secure a prime piece of real estate in a thriving Massachusetts city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9414
- Latitude
- 41.6934
