$5,000,000
( $285.71Per Sq Foot )
 $26,841 est/mo Sourced by Back At You

1 Pearl St & Es Acushnet Ave,New Bedford, MA 02740

New Bedford, MA 02740

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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

Details

MLS #73547308
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site75
Listing Provided ByCoastal Realty | Noble Vincent

Features

Bath(s)2
SQ Feet17,500
ZoningIB
Acreage3.16

Exterior

RoofAsphalt/Composition Shingles

Utilities

UtilitiesPublic Water, Public Sewer

Taxes

Tax Annual Amount22724
Tax Year2024

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyBristol
CityNew Bedford
Zip Code02740
AreaCenter
Listing VS Median (in 02740)
Price:
$5,000,000
low | high
Med:
$449,900
100% of Average
sqft:
17,500
low | high
Med:
1,588
100% of Average
$ / sqft:
$286
low | high
Med:
$284
50.572484736392% of Average
On site:
75
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 02740

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyBristol
CityNew Bedford
Zip Code02740
AreaCenter
Listing VS Median (in 02740)
Price:
$5,000,000
low | high
Med:
$449,900
100% of Average
sqft:
17,500
low | high
Med:
1,588
100% of Average
$ / sqft:
$286
low | high
Med:
$284
50.572484736392% of Average
On site:
75
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: September 5, 2026 at 7:42:12 PM PDT