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    FOR SALE
    Retail space

    101 Nash Rd, New Bedford, MA 02746-2312

    1,942 SF 0.1 ac lot Built 1920
    Individually Owned 30-yr Hold ~ Est. High Equity
    Property ID
    US38-1288240
    Property summary
    AI-generated overview

    This exceptional 1,242 square foot warehouse, located at 101 Nash Road in New Bedford, Massachusetts, presents a compelling investment opportunity. Situated on a busy corner lot (0.1 acres, or 4,530 square feet), this single-story, 1920-built structure boasts three units and six parking spaces. The property features a recently updated roof (installed within the last two years), forced hot air heating, and air conditioning, ensuring year-round comfort and efficiency. Inside, you'll find a showroom area, adding versatility to its potential uses. Two half-bathrooms provide convenient amenities. The building's functionality is further enhanced by drive-in access via a garage door, facilitating easy loading and unloading. The property is zoned MUB, offering flexibility for various business ventures. This well-maintained warehouse, with its prime location and recent upgrades, represents a strong investment for a small business owner or savvy investor seeking a profitable venture in a thriving area. The property's address is 101 Nash Road, New Bedford, MA 02746, with APN M:0106 L:0125.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Construction FRAME
    Total area 1,942 SF
    Lot 0.1 ac (4,530 SF)
    Zoning code MUB
    APN NEWB M:0106 L:0125
    UPID US38-1288240
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Auto Alarms & Accessories Auto Parts Store Security Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Robert J Penler · 30 yrs held
    Robert J Penler
    since 1995
    5 recorded transactions
    2004
    1998
    1995
    $89,000
    1989
    $75,000
    1988
    Zoning & alternative use
    MUB · New Bedford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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