First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford,Route 140,Routes 24 & 495,the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!
- Area:
- Far North
- Tax Year:
- 2026
- Status:
- Active
- Zoning:
- IA
- Orig Price:
- $1,350,000
- LEASE_TYPE:
- Other (see Remarks)
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- New Bedford
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02745
- Longitude:
- W71° 3' 12.4''
- Latitude:
- N41° 42' 20.4''
Commercial Sale
1 Welby Rd, New Bedford, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,350,000
- Square Footage :
- 10,120 Sqft
- Year Built :
- 1972
- Lot Area :
- 1.02 Acre
- Listing ID :
- 73549278
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com