1125 County StNew Bedford, MA 02746

Property Details for 1125 County St

Year built

1920

Construction

FRAME

Lot size

0.26 AC

Property size (Sq ft)

3,712 SF

Zone code

IB

Property type

Office properties

Property subtype

Office buildings

APN

NEWB M:0091 L:0201

APU

NEWBM0091L0201

Description

This classic Mill-style office building at 1125 County Street in New Bedford, Massachusetts, is offered for sale at $430,000. The property boasts its own dedicated parking lot, a significant advantage in this location. Its convenient location provides easy access to nearby highways, enhancing its appeal for commuters and businesses requiring efficient transportation links. Currently configured as office space, the building's versatile design presents a multitude of potential uses. The flexible layout is suitable for a variety of businesses, from creative offices and flex spaces to traditional office setups. Furthermore, the building's characteristics offer intriguing possibilities for adaptive reuse, including the potential conversion into residential units, subject to necessary approvals and permits. The property is situated in Bristol County, Massachusetts, with the precise address being 1125 County St, New Bedford, MA 02746. The building's industrial heritage is reflected in its architectural style, while its modern adaptability makes it a compelling investment opportunity. The property's location offers a blend of historical charm and modern convenience, making it an attractive proposition for a wide range of potential buyers. Further details regarding zoning and permitted uses are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $918,685

  6.5%

  $848,017

  7%

  $787,444

• Comparable approach

  Method

  Valuation

  Relative Method

  $485,010

  Geo Method

  $485,010

• Alternative Use

  Use

  Valuation

  Residential

  $1,051,541

  Hospitality

  $963,206

  Educational

  $801,376

  Medical

  $828,937

  Retail

  $1,246,585

Location Insight

City

New Bedford

County

Bristol

State

Massachusetts

Latitude

41.6576

Longitude

-70.9334

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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