For Sale
$500,000

1227 Ashley Blvd New Bedford, MA 02745

Vacant Medical Office, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This 3,942 sq ft vacant medical office building in New Bedford, MA, presents a unique investment opportunity. Located on a 0.25-acre lot at a high-traffic intersection (Ashley Blvd & Dutton St), it boasts over 10,000 vehicles passing daily, ensuring excellent visibility. The Class B building, constructed in 1955, offers a flexible layout suitable for various medical practices or retail uses. Its strategic location near other medical facilities, a dense residential area, and major roadways (including proximity to the Greater New Bedford Regional Vocational Technical High School and New Bedford Regional Airport) provides strong potential for client acquisition. The affluent demographics within a 5-mile radius (116,267 population, $75,699 average household income) further enhance its appeal. Priced at $500,000 ($126.84/sq ft), this property offers significant redevelopment potential or an ideal owner-user opportunity. The single-unit building is currently vacant, allowing for immediate occupancy and customization. This prime location and versatile space make it an exceptional investment.

Highlights

  • $500,000 asking price for this 3,942 SF medical office building.
  • Vacant, single-tenant Class B building on a 0.25-acre lot in New Bedford, MA.
  • Prime hard corner location at Ashley Blvd and Dutton St, high traffic count.
  • Strong medical synergy with nearby clinics.
  • Located in a densely populated residential area with affluent demographics (5-mile radius: 116,267 population, $75,699 avg. household income).
  • Versatile use potential, suitable for various medical practices or retail uses.

Property Details for 1227 Ashley Blvd

Property type
Office properties, Medical offices
Square Feet
3,942 SF
Class
B
Year Built
1955
Lot Size (sq. ft)
10,890 SF
Units
1

Location Insight

City
New Bedford
County
Bristol
State
Massachusetts
Latitude
41.69373
Longitude
-70.9353532

FAQs

What type of property is this?
Office property - Vacant Medical Office, Prime Location
Where is the office property located?
The property is located at 1227 Ashley Blvd New Bedford, MA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 asking price for this 3,942 SF medical office building.; Vacant, single-tenant Class B building on a 0.25-acre lot in New Bedford, MA.; Prime hard corner location at Ashley Blvd and Dutton St, high traffic count.
How can I contact the broker?
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1227 Ashley Blvd
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