ATTENTION all investors, hotel, developers & retail end users!This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18! Here is your opportunity directly abutting the fully operating Railroad Depot. This is a 3.16 acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha’s Vineyard Sea Streak Ferry terminal.TODS benefit people,cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept that has already been approved once .TOD development offers limited soft costs with zoning & height regulations waived.Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port ,a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks,shops,dining, musems & a art community
- Area:
- Center
- Tax Year:
- 2024
- Status:
- Active
- Zoning:
- IB
- Orig Price:
- $5,000,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- New Bedford
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02740
- Longitude:
- W71° 4' 24.4''
- Latitude:
- N41° 38' 39.4''
Commercial Sale
1 Pearl St & Es Acushnet Ave, New Bedford, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $5,000,000
- Square Footage :
- 17,500 Sqft
- Year Built :
- 1920
- Lot Area :
- 3.16 Acre
- Listing ID :
- 73547308
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com