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1 Pearl St 2.78 Acres of Commercial Land Offered at $6,925,650 CAD in New Bedford, MA 02740
Property Facts
| Price | $6,925,650 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 2.78 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | IB - Industrial/Business | ||
| Price | $6,925,650 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.78 AC |
| Opportunity Zone |
Yes |
| Zoning | IB - Industrial/Business |
1 Lot Available
Lot
| Price | $6,925,650 CAD | Lot Size | 2.78 AC |
| Price Per AC | $2,491,241.09 CAD |
| Price | $6,925,650 CAD |
| Price Per AC | $2,491,241.09 CAD |
| Lot Size | 2.78 AC |
Description
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 "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project.". TOD development offers limited soft costs with zoning & height regulations all but 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 amenities, major employers, academic institutions, beaches, harbor walks, shops, dining, museums & a art community
Property Taxes
| Parcel Number | NEWB-000072-000000-000173 | Improvements Assessment | $619,972 CAD |
| Land Assessment | $365,271 CAD | Total Assessment | $985,243 CAD |
Property Taxes
Presented by
1 Pearl St
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