Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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