376 Nash RdNew Bedford, MA 02746

This exceptional 63,272 square foot industrial property in New Bedford, Massachusetts, presents a lucrative investment opportunity. The building, situated on a 3.8-acre site, boasts a diverse layout encompassing 17,000 square feet of cold storage warehouse space with 32-foot ceilings, and 46,272 square feet of flexible office and warehouse space. The property features two loading docks, six dock-high doors, and ample shared parking. Currently 100% leased, this mixed-use facility benefits from a 20-year solar carport lease with a 2% annual increase, offering additional revenue potential. The property's IB zoning allows for a variety of uses. Its strategic location is approximately one mile from the New Bedford Fishing Docks, 30.8 miles from Providence, RI, and 55.4 miles from Boston, MA, with convenient access to Interstate I-195 and Route 140. The asking price is $3,995,000, representing an attractive 8.73% cap rate. This is a rare opportunity to acquire a high-performing, multi-faceted industrial property in a prime location. The property includes two levels and is zoned IB (Industrial B). Additional revenue potential exists from the parking area.