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    1155 Purchase St New Bedford, MA 02740
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    Property profile & analytics

    1155 Purchase St New Bedford, MA 02740


    • Medical Office Space
    • 5,288 SF
    • 0.38 lot acres
    Class A Medical/Professional Space For Lease
    $20 SF/Yr
    2,500 SF

    Class A Medical/Professional Space

    Exceptional facility designed for healthcare or general professional users.

    1155 Purchase St, New Bedford, MA
    View Listing
    Property ID
    US38-0415693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $510,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Southcoast Endodontics / Dental Office
    • Katherine Lacoste Surprenant, DMD / Dental Office
    • Dr. Roger R. Lacoste, DMD / Dental Office
    • Dr. Mark E. Doherty, DMD / Dental Office
    • Dr. Danielle L. Kilmartin, DMD / Dental Office

    Property Details for 1155 Purchase St

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    0.38 lot acres
    Property size
    5,288 SF
    Zone code
    MUB
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    NEWB M:0059 L:0204
    APU
    NEWBM0059L0204

    Description

    This exceptional two-story, Class A office building, located at 1155 Purchase St, New Bedford, MA 02740, offers 5,328 square feet of space in a prime location. Built in 1979, the property features two suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 2,500 square feet. Currently, there is no vacant space. The building sits on a 0.38-acre lot and includes 15 parking spaces. The zoning is MUB, and the property enjoys convenient access to Route 18 and major highways. Ideal for medical or professional practices, this versatile space includes features such as eight exam rooms, a private office, a meeting room, a break room with kitchenette, an X-ray room, a reception area, a large waiting room, and two bathrooms. This is a unique opportunity to lease a stand-alone space in a desirable area of New Bedford. The cross street is Maxfield St.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $455,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $569,000
      Market price range: $453k - $1.04M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $785,000
      Current use
      AUTO REPAIR, GARAGE
      $830,000
      Change: +6% Conversion: Difficult
      RETAIL STORES
      $735,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9274
    Latitude
    41.6404
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,018
    $199,700
    $361,900
    $561,600
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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