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555 Pleasant St 32,760 SF 100% Leased Office Building New Bedford, MA 02740 $4,146,118 CAD ($126.56 CAD/SF)
INVESTMENT HIGHLIGHTS
- Multiple units available for lease.
EXECUTIVE SUMMARY
Known as the "Standard Times Building," this 5 story historic icon is well known in the New Bedford area. Nestled in the heart of the Downtown, this building is within a short distance to countless restaurants, city parks, recreational attractions (such as the Whaling Museum), and so much more. The building itself was completely renovated in 2014, updated and upgrades electrical, plumbing, etc. but also the units have all been modernized for a number of business opportunities. There are large and small offices available and a 1st floor restaurant that is nearly 6,000 sf. The property has incredible city views and even top floor water views. This building is an absolute historic gem that has been modified for the convenience of today's business professionals! This property also has the option for lease. AUCTION SEPTEMBER 18TH @ 11 AM
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
32,760 SF
Building Class
B
Year Built/Renovated
1894/2013
Price
$4,146,118 CAD
Price Per SF
$126.56 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,240 SF
Slab To Slab
11’
Building FAR
3.76
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
WrFtInd, New Bedford
Parking
45 Spaces (1.37 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
1 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | NEWB-000052-000000-000286 | Improvements Assessment | $1,697,005 CAD |
| Land Assessment | $233,726 CAD | Total Assessment | $1,930,731 CAD |
PROPERTY TAXES
Parcel Number
NEWB-000052-000000-000286
Land Assessment
$233,726 CAD
Improvements Assessment
$1,697,005 CAD
Total Assessment
$1,930,731 CAD
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555 Pleasant St
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