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In-PersonVirtual Tour
$ 399,000
Est. payment | /mo
1,700 SqFt
$ 399,000
Est. payment | /mo
1,700 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $234
MLS Listing ID 73319748
HOA Y/N false
Year Built 1970
Annual Tax Amount $4,400
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Exceptional Investment Opportunity: Free-Standing Commercial Real Estate Property For Sale! Discover the potential of this prime corner location in New Bedford, offering high visibility and a reliable income stream. This well-maintained property is perfect for investors seeking passive income, with a long-term tenant in place. The successful retail owner will lease back at $2,500 per month, providing immediate cash flow. Additionally, the property generates bonus income of $8,000–$10,000 per year from outside donation bins.The main level features a bright retail space with a restroom, while the lower level offers ample assembly and storage space. This turnkey investment in a thriving area is an opportunity you won't want to miss. To ensure the continued success of the operational business, all interested buyers must sign a Non-Disclosure Agreement (NDA) prior to property visits.Act now—this rare investment opportunity won't last long!
Location
State MA
County Bristol
Zoning MUB
Direction see listing agent
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 10
Others
Senior Community false
Listed by Coastal Realty