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Financial
Distress signals
Property profile

60 Madeira Ave New Bedford, MA 02746

OFF-MARKET
Retail space
Property ID
US38-2286425
1,800 SF 0.09 ac lot Built 1920
Last sale Apr 2025 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Attention investors and business owners! This 2,273 square foot vacant convenience store in New Bedford, MA, is available for $325,000 ($142.98/sq ft). Located at 60 Madeira Ave, 02746, this property boasts a modern interior, updated electrical, a new hot water tank, central air, and a recently replaced roof. The building includes a full professional kitchen with a fire hood and updated security systems. Three off-street parking spaces and a loading ramp add to its convenience. Two detached…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$208k
Assessed land$78k
Assessed improvement$130k
Effective rate2.50%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$310k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$66 – $230
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUB
The intent of this zone is to promote Mixed Use Business uses.
General categoryMIXED_USE
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.5
Realty agency14.7
Dental Office14.5

Location

60 Madeira Ave New Bedford, MA 02746-2341
County assessor Recorded deeds · 10 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
152 Belleville, New Bedford, MA 02746-2432 $115,000 Mar 2024 2,944 SF
674 Summer, New Bedford, MA 02746-1430 $80,000 Feb 2024 1,501 SF
923 Shawmut, New Bedford, MA 02746 $6,121,756 May 2023 2,060 SF
170 Reynolds, New Bedford, MA 02746-1657 $40,000 Mar 2021 1,368 SF
60 Nauset, New Bedford, MA 02746-1517 $177,500 Oct 2019 1,820 SF
1634-1638 Acushnet, New Bedford, MA 02746 $155,000 May 2019 2,703 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $6,370,000
    2,060 SF
    923 Shawmut Ave
    RETAIL STORES (PERSONAL SERVICES)
    923 Shawmut Ave, New Bedford, MA 02746
    View Details
  • Value Estimation
    $315,000
    1,540 SF
    1609 Acushnet Ave
    RETAIL STORES (PERSONAL SERVICES)
    1609 Acushnet Ave, New Bedford, MA 02746-2136
    View Details
  • Value Estimation
    $330,000
    1,500 SF
    128-130 Nauset St
    RETAIL STORES (PERSONAL SERVICES)
    128-130 Nauset St, New Bedford, MA 02746
    View Details
  • Value Estimation
    $305,000
    1,417 SF
    422-424 Mt Pleasant St
    RETAIL STORES (PERSONAL SERVICES)
    422-424 Mt Pleasant St, New Bedford, MA 02746
    View Details
  • Value Estimation
    $440,000
    2,371 SF
    1304 Acushnet Ave
    RETAIL STORES (PERSONAL SERVICES)
    1304 Acushnet Ave, New Bedford, MA 02746-2023
    View Details
  • Value Estimation
    $355,000
    2,403 SF
    1114 Acushnet Ave
    RETAIL STORES (PERSONAL SERVICES)
    1114 Acushnet Ave, New Bedford, MA 02746-1947
    View Details

Similar in This City for Sale

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  • New
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  • New
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  • New
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    Turnkey 3-story building with flexible retail and office space plus off-street parking for about 10 vehicles.
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  • New
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    8,100 SF
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    Retail space in a multi-tenant plaza with established destination tenants and access to Route 140 ramps.
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    View Details

Similar in This City for Lease

  • New
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  • Contact for pricing
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  • $2,200/Mo
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  • New
    $14 SF/Yr
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  • New
    $18 SF/Yr
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    Retail Space with Route Access
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    6a-950 Kings Hwy, New Bedford, MA 02745
    View Details
  • New
    $12 SF/Yr
    8,100 sqft
    Retail Space in Multi-Tenant Plaza
    The space is one of five currently available units in a retail plaza with established destination tenants.
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