1155 Purchase St New Bedford, MA 02740-6634
- Medical offices
- 5,288 SF
- 0.38 lot acres
Current Use by Public Records
- Southcoast Endodontics / Endodontist / Dentist
- Katherine Lacoste Surprenant, DMD / Endodontist / Dentist
- Dr. Roger R. Lacoste, DMD / Endodontist
- Dr. Mark E. Doherty, DMD / Endodontist
- Dr. Danielle L. Kilmartin, DMD / Endodontist
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 offices
- 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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $395,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $510,000
- Mixed-Use
- $500,000
- Hospitality
- $395,000
- Educational
- $515,000
- Residential Income
- $460,000
- Energy
- $460,000
- Income-Based Land
- $420,000
- Food Service
- $380,000
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