1 Pearl St & Es Acushnet Ave, New Bedford, MA 02740
1 Pearl St & Es Acushnet Ave, New Bedford, MA 02740
1 Pearl St & Es Acushnet Ave, New Bedford, MA 02740
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$5,000,000
Est. payment /mo
17,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,500 sqft

Price per Sqft $285

MLS Listing ID 73547308

HOA Y/N false

Year Built 1920

Annual Tax Amount $22,724

Tax Year 2024

Lot Size 3.160 Acres

Acres 3.16

Property Description

ATTENTION all investors, hotel, developers & retail end users! This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18 Here is your opportunity, directly abutting the fully operating Railroad Depot. This is a 3.16 acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal.TODS benefit people,cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project." .TOD development offers limited soft costs with zoning & height regulations all but waived.Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port ,a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks,shops,dining, musems & a art community

Location

State MA

County Bristol

Area Center

Zoning IB

Direction corner of Acushnet Ave & Pearl St, next to Greater New Bedford Career Center

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Asphalt/Composition Shingles

Others

Senior Community false

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MLSPIN
Listed by Coastal Realty

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

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1 Pearl St & Es Acushnet Ave