62 South StNew Bedford, MA 02740

Property Details for 62 South St

Lot size

0.25 AC

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional mixed-use property in New Bedford, Massachusetts, presents a unique investment opportunity. Located at 62 South Street, this 0.25-acre lot boasts a well-maintained two-family home and a separate commercial building. The residential portion comprises two units, each featuring two bedrooms and hardwood floors, with separate utilities and a shared driveway. One unit is currently owner-occupied, while the other is occupied by a tenant at will. The property also includes a readily-finishable third-floor space offering expansion potential for either residential or commercial use. The commercial building, situated on the same lot, is equipped with a newer roof, two bathrooms, a kitchen area, an office, and two additional rooms beyond the main area currently used as a church. Ample parking is available, accommodating 18-20 vehicles. This versatile property's substantial parking and adaptable spaces make it ideal for a variety of uses, including daycare, restaurant, office space, or warehouse. The asking price is $899,900. This property is situated in Bristol County, MA, zip code 02740. The property's location offers excellent access to local amenities and transportation networks. Don't miss this chance to acquire a high-return investment in a thriving New Bedford location.

Location Insight

City

New Bedford

County

Bristol

State

Massachusetts

Latitude

41.6244

Longitude

-70.923

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