1024 Kings Hwy, New Bedford, MA 02745-4970
- Super regional malls
- 165,183 SF
- 11.29 lot acres
Current Use by Public Records
- Funz Trampoline Park / Arcade & Gaming Center
- New Bedford's Liquor Warehouse / Specialty Food Shop / Wine and Liquor Store
- PCX Apparel / Clothing Store
- Madrag / Clothing & Fashion Store
- Kings Plaza / Business Service Center / Corporate Office
Property Details for 1024 Kings Hwy
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 11.29 lot acres
- Zone code
- PB
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- NEWB M:0123 L:0109
- APU
- NEWBM0123L0109
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 16, 2024 | $14,200,000 | 1024 Kings Hwy LLC | Cedar-kings LLC | Quit Claim Arm's Length For Ne States | $10.7M · Sharon And Crescent United Credit U |
| Mar 4, 2024 | — | Cedar-kings LLC | — | Deed · related | $9.5M · Key Bank NA |
| Jul 2, 2004 | — | Kings Plaza Assoc LP | — | Deed Of Trust · related | $8.4M · Washington Mutual Bank |
| Apr 17, 1997 | — | Kings Plaza Assoc LP | — | Deed Of Trust · related | $4.8M · Lehman Brothers Hold |
| Jan 8, 1993 | $2,500,000 | New Bk Of New England | Kings Hwy LP | Grant Deed · related | — |
| Jan 12, 1988 | $5,920,000 | Kings Hwy Ltd Prtnrshp | Dark RT | Grant Deed | $5.2M · Bank Of New England |
Description
This 2,700 square foot retail space is located at 1024 Kings Highway, New Bedford, MA 02745, in Bristol County. The property is zoned PB and features a single-tenant occupancy. Its highly visible location, just off Route 140 and near the Church Street Train Station, ensures excellent accessibility and high traffic volume. The surrounding area boasts numerous established businesses and services, creating a thriving commercial environment. This strategic location makes it an ideal space for a variety of retail uses, capitalizing on the existing strong commercial activity and the growing population of New Bedford and the South Coast. The property's prominent position and convenient access promise a successful future for its tenant. This opportunity is particularly attractive given its current pricing, making it a compelling investment. The property's address is easily accessible and benefits from high visibility, making it an ideal location for a business seeking to establish a strong presence in the New Bedford market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $14,200,000
- ML approach
- $14,200,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $17,239,000
Market price range: $14.2M - $31.5M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $21,850,000
- OFFICE BUILDING
- $21,670,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9407
- Latitude
- 41.6761
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
