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    OFF-MARKET
    Warehouses

    114 Macarthur Dr, New Bedford, MA 02740-7279

    16,000 SF 0.97 ac lot Built 1977
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US38-0411915
    Property summary
    AI-generated overview

    This 340-square-foot traditional office space is available for lease at 114 MacArthur Drive in New Bedford, Massachusetts, zip code 02740. Located in Bristol County, this single-tenant unit is situated on the second floor of a well-maintained building in the heart of the Waterfront District and Marine Commerce terminal, offering convenient access to major highways. The office space is ideal for marine-related businesses or those requiring easy highway access. The building features convenient ingress and egress, and ample parking is included with the lease. The property is a single-tenant space, providing privacy and control over the office environment. This location offers a blend of accessibility and proximity to the vibrant waterfront area. The unit's size makes it suitable for a small business or individual professional seeking a functional and well-located workspace. The building's attractive design and convenient parking add to the overall appeal of this exceptional office opportunity. This is a fantastic opportunity to establish a presence in a thriving New Bedford location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1977
    Construction STEEL FRAME
    Total area 16,000 SF
    Lot 0.97 ac (42,449 SF)
    Zoning code WI
    APN NEWB M:0037 L:0294
    UPID US38-0411915
    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
    • Marine Services Accounting Firm Tax Preparation
    • Boat Mary Anne Inc (Bike/Boat/Book/etc) Store
    • Marine Enterprises Accounting Firm Tax Preparation
    • Northeast Fishery Sectors Business Management Consultant
    • New Bedford Fishlumper's Wlfr Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Marine Enterprises LLC · 5 yrs held
    Marine Enterprises LLC
    since 2021
    Last sale
    $650,000
    4 recorded transactions
    2026
    2021
    $650,000
    1991
    1989
    Zoning & alternative use
    WI · New Bedford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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