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Property profile & analytics

135 Grinnell St New Bedford, MA 02740-5748

  • Retail space
  • 5,690 SF
  • 0.23 lot acres
OFF-MARKET
Last Sale
Aug 16, 2023
$80,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-0695483
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.

Current Use by Public Records

  • Retail space

Property Details for 135 Grinnell St

Year built
1958
Construction
FRAME
Lot size
0.23 lot acres
Property size
5,690 SF
Zone code
MUB
Property type
Retail space
APN
NEWB M:0036 L:0169
APU
NEWBM0036L0169

Description

This exceptional commercial property, located at 135 Grinnell St in New Bedford, Massachusetts, presents a unique investment opportunity. The 5,690 square foot warehouse, built in 1958, sits on a 9,906 square foot lot and is zoned MUB. The single-story building features two dock-high doors and a lift, providing ample space for storage, distribution, or other industrial uses. The property also offers significant potential for mixed-use development, including retail or office space. The building's approximately 50 feet of street frontage is already divided into separate units, each with its own entrance. This high-visibility location in downtown New Bedford benefits from significant foot traffic and easy access to major transportation routes, including Routes 195, 140, and 6. The area is served by various public transportation options, including a bus terminal, the Seastreak Ferry, and a soon-to-be-completed commuter rail depot. The asking price is $375,000, translating to $65.91 per square foot. The seller is open to selling the building's contents separately or as a package deal. This property represents a compelling investment in a revitalizing New Bedford community.


Value Estimations

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Location Insight

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  • Local Demand
City
New Bedford
County
Bristol
State
Massachusetts
Longitude
-70.9257
Latitude
41.6258
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
$6,490
$100,900
$159,100
$260,000
-
$0.00
$0.00
$0.00
More about this property
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