$1,350,000
( $133.40Per Sq Foot )
 $7,247 est/mo Sourced by Back At You

1 Welby Rd,New Bedford, MA 02745

New Bedford, MA 02745

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Description

First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford,Route 140,Routes 24 & 495,the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!

Details

MLS #73549278
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site68
Listing Provided ByCoastal Realty | Lori A. Nery

Features

Bath(s)4
SQ Feet10,120
ZoningIA
Acreage1.02

Utilities

UtilitiesPublic Water, Public Sewer

Taxes

Tax Annual Amount25000
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyBristol
CityNew Bedford
Zip Code02745
AreaFar North
Listing VS Median (in 02745)
Price:
$1,350,000
low | high
Med:
$430,000
100% of Average
sqft:
10,120
low | high
Med:
1,579
100% of Average
$ / sqft:
$133
low | high
Med:
$272
54.142331058101% of Average
On site:
68
low | high
Med:
54
100% of Average
Sourced by Back At You

Market Activity 02745

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Learn More About This Property

StateMA
CountyBristol
CityNew Bedford
Zip Code02745
AreaFar North
Listing VS Median (in 02745)
Price:
$1,350,000
low | high
Med:
$430,000
100% of Average
sqft:
10,120
low | high
Med:
1,579
100% of Average
$ / sqft:
$133
low | high
Med:
$272
54.142331058101% of Average
On site:
68
low | high
Med:
54
100% of Average
Sourced by Back At You
Listing Updated: September 5, 2026 at 5:30:55 PM PDT