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    OFF-MARKET
    Office buildings

    179 William St, New Bedford, MA 02740-6021

    4,372 SF 0.15 ac lot Built 1870
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US38-1299927
    Property summary
    AI-generated overview

    This stunning, newly remodeled executive office suite is available for lease in the heart of Historic Downtown New Bedford. Located on the first floor of a charming building at the corner of William and 8th Street, this 550 square foot space boasts its own separate entrance, offering both privacy and convenience. The building, constructed in 1870 and recently updated, features central air conditioning, beautifully refinished hardwood floors, and brand new windows, ensuring a comfortable and modern work environment. A significant upgrade includes new signage, enhancing visibility and professional appeal. The property also includes one off-street parking space, a valuable asset in this desirable location. A shared, beautifully appointed conference room is available for tenant use. This exceptional location places you within easy walking distance of key city services, including the Probate/Family Court, Register of Deeds, City Hall, District Court, and the Downtown Bus Station. The entire building encompasses 6,534 square feet, situated on a 0.15-acre lot (APN: M:0052 L:0197 2891909). This is a rare opportunity to secure a prestigious and well-appointed office space in a highly sought-after area. The single-tenant occupancy ensures a peaceful and productive work environment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1870
    Construction FRAME
    Total area 4,372 SF
    Lot 0.15 ac (6,477 SF)
    Zoning code MUB
    APN NEWB M:0052 L:0197
    UPID US38-1299927
    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
    • Alves Law Group, P.C. Law Firm
    • Melissa Moço, Realtor Real Estate Agency
    • Lisa Ortiz-Capello Realtor Real Estate Agency
    • The Mathew J. Arruda Group Real Estate Agency
    • Nancy Brown Counseling (LICSW) Foster Care Service 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
    William&8th LLC · 5 yrs held
    William&8th LLC
    since 2020
    Last sale
    $359,900
    4 recorded transactions
    2020
    $359,900
    2011
    $1
    1999
    $45,000
    1990
    Zoning & alternative use
    MUB · New Bedford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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