For Lease
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Property summary
This exceptional office building presents a unique investment opportunity in Dartmouth, MA. Strategically located on the corner of Faunce Corner Road and Ventura Drive, this property boasts unparalleled visibility and convenient access to Route 195, offering easy commutes to New Bedford and surrounding areas. The 0.53-acre lot provides ample parking for tenants and visitors. The building's prime location places it within minutes of a vibrant commercial hub, including medical centers, wellness offices, restaurants, coffee shops, fitness centers, and apartments. The proximity to the law school further enhances its appeal. The building itself is bright and airy, featuring bathrooms on each level, a well-equipped kitchen area, and a dedicated conference room on the second floor. Additional storage space is available in the basement, accessible both internally and externally. The building's design and layout offer flexibility for a variety of business uses. Detailed plans are available for review, providing a comprehensive understanding of the property's layout and potential. This is a rare opportunity to acquire a well-situated, high-visibility office building in a thriving commercial area. The asking price is $2,200,000.
Property profile
VerifiedCap rate & NOI
Current use
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High School Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Office Industrial (OI) Office Park Districts (OP) § 375-2.3 Zoning district and overlay locations. [Amended 6-6-2023 ATM by Art. 23 , approved 10-16-2023 ] No building shall be erected and no premises shall be used excep…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
OI · Dartmouth, MAOffice Industrial (OI) Office Park Districts (OP) § 375-2.3 Zoning district and overlay locations. [Amended 6-6-2023 ATM by Art. 23 , approved 10-16-2023 ] No building shall be erected and no premises shall be used excep…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Office Industrial (OI) Office Park Districts (OP) § 375-2.3 Zoning district and overlay locations. [Amended 6-6-2023 ATM by Art. 23 , approved 10-16-2023 ] No building shall be erected and no premises shall be used excep…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Dartmouth, MA.
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