Individually Owned Property summary
This 900-square-foot commercial property at 1253 Cove Road, New Bedford, MA 02744, offers a unique investment opportunity. Located in a high-traffic area, the single-tenant building sits on a 9,150-square-foot lot. The property's previous use was as a gas station, and the seller states that underground tanks have been removed and the site is environmentally clean. The building is currently vacant. Adding to its potential, a contiguous 0.09-acre vacant lot zoned Residential C on Scott Street is included in the sale. This presents a combined commercial and residential development opportunity. Possible uses include a retail storefront, used car lot, or a larger-scale project incorporating the abutting lot, such as an apartment building with on-site parking. The property is classified as Retail, Office, and Land, and is situated in Bristol County, Massachusetts. This versatile property offers numerous possibilities for a savvy investor.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote Mixed Use Business uses.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
MUB · New Bedford, MAThe intent of this zone is to promote Mixed Use Business uses.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this zone is to promote Mixed Use Business uses.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MUB in New Bedford, MA.
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Find the owner behind the property.
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