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Properties

  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
  • 87 Tremont Street, New Bedford, Massachusetts, ,Commercial Sale,For Sale,Tremont Street,73542934
Property Description

Rare opportunity to acquire a self-storage facility in New Bedford offering immediate income and substantial upside potential. This approximately 8,061 sq ft industrial building features 31 storage units with a mix of 6×6 and 10×15 units, on-site parking, and a half bath for operational convenience. Current gross annual income is approximately $49,200, with multiple vacant units providing an excellent opportunity to increase occupancy and boost cash flow. The property offers public water and sewer, gas heat, overhead garage doors, and a functional layout designed for efficient self-storage operations. Strategically located near downtown New Bedford, major roadways, residential neighborhoods, and local businesses, creating a strong customer base and long-term demand. Ideal for investors seeking a stable income-producing asset with significant value-add potential through lease-up and rent optimization.

Features
Disclosure:
ALL UNITS WILL REMAIN AVAILABLE UNTIL ALL PAPERWORK HAS BEEN SIGNED AND ACCEPTED AND ALL MONIES ARE PAID IN FULL. TENANTS MUST MAKE 3X THE RENT AND HAVE GOOD CREDIT AND RENTAL REFERENCES. SUNROOM OFF KITCHEN-GREAT PLACE TO ENJOY MORNING COFFEE/TEA
Additional Information
Tax Year:
2025
Status:
Active
Zoning:
RB
Orig Price:
$660,000
Waterfront:
No
MlsStatus:
New
Address Map
City:
New Bedford
State:
MA
County:
Bristol
Postal Code:
02740
Longitude:
W71° 3' 33.3''
Latitude:
N41° 37' 52.8''
  • Google Map

Commercial Sale

87 Tremont Street, New Bedford, Massachusetts

8,061 Sqft
$660,000
Listing ID #73542934
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$660,000
Square Footage :
8,061 Sqft
Year Built :
1930
Lot Area :
0.26 Acre
Listing ID :
73542934
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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