$1,600,000
 $8,589 est/mo Sourced by Back At You

194-r Riverside Ave,New Bedford, MA 02746

New Bedford, MA 02746

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Description

Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.

Details

MLS #73519513
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site136
Listing Provided ByLanagan & Co | Jason P. Lanagan

Features

SQ Feet26,910
Story(s)2
Units25
Zoning(IB)
Acreage2.91
Water FrontYes

Interior

Rooms Total0
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofRubber
Construction MaterialsBrick
Foundation DetailsGranite, Slab
Lot FeaturesEasements

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount17371
Tax Assessed Value760200
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyBristol
CityNew Bedford
Zip Code02746
AreaNorth
Listing VS Median (in 02746)
Price:
$1,600,000
low | high
Med:
$524,000
100% of Average
sqft:
26,910
low | high
Med:
2,318
100% of Average
$ / sqft:
$59
low | high
Med:
$226
100% of Average
On site:
136
low | high
Med:
147.5
92.203389830508% of Average
Sourced by Back At You

Market Activity 02746

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Additional Information

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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 Code02746
AreaNorth
Listing VS Median (in 02746)
Price:
$1,600,000
low | high
Med:
$524,000
100% of Average
sqft:
26,910
low | high
Med:
2,318
100% of Average
$ / sqft:
$59
low | high
Med:
$226
100% of Average
On site:
136
low | high
Med:
147.5
92.203389830508% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.2M - $2M
sqft: 20,000 - 33,500
Nearby Listings Property ImageNearby Listings Details
194-R Riverside Ave Property Photo 1
$1,600,000
194-r Riverside Ave
New Bedford, MA 02746
Listing Updated: September 6, 2026 at 4:28:33 PM PDT