1 Welby Rd, New Bedford, MA 02745
1 Welby Rd, New Bedford, MA 02745
1 Welby Rd, New Bedford, MA 02745
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Anastasia Kaufman

Anastasia Kaufman

+1(401) 338-2749
$1,350,000
Est. payment /mo
10,120 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,120 sqft

Price per Sqft $133

MLS Listing ID 73549278

HOA Y/N false

Year Built 1972

Annual Tax Amount $25,000

Tax Year 2026

Lot Size 1.020 Acres

Acres 1.02

Property Description

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!

Location

State MA

County Bristol

Area Far North

Zoning IA

Direction from Route 140 take Exit 6 then West onto Welby Road.

Exterior

Utilities Available Public Water, Public Sewer

Others

Senior Community false

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Listed by Coastal Realty

Nearby School & Business

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Anastasia Kaufman

Anastasia Kaufman

+1(401) 338-2749

Agent | s30447

Agent s30447

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