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1227 Ashley Blvd
New Bedford, MA 02745

Retail Property For Sale

Investment Highlights

  • Prime Hard Corner Location: Situated at the intersection of Ashley Blvd and Dutton St, with over 10,000 vehicles passing daily.
  • Dense Residential Area: The property is located in a densely populated area, offering a stable client base.
  • Strong Medical Synergy: Located near a physical therapy clinic and a dental clinic, enhancing the potential for cross-referrals.

Executive Summary

Prime Investment Opportunity in New Bedford, MA
This vacant veterinary hospital presents a unique opportunity for investors or healthcare providers looking to establish or expand their practice in a high-demand area. Located at a hard corner intersection with over 10,000 vehicles per day, the property benefits from excellent visibility and accessibility. The 3,942 SF building, situated on a 0.25-acre lot, offers a flexible layout suitable for a variety of medical or retail uses. Surrounded by established medical practices and dense residential zoning, the location ensures a steady flow of potential clients and patients.
The property is competitively priced at $500,000, offering significant upside for redevelopment or an owner-user. The local demographics are favorable, with a population of 116,267 within a 5-mile radius and an average household income of $75,699, ensuring a strong customer base. Additionally, the proximity to major traffic drivers like the Greater New Bedford Regional Vocational Technical High School and the New Bedford Regional Airport adds to its strategic value.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,945 SF
Building Class
C
Year Built
1955
Price
$500,000
Price Per SF
$127
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.25 AC
Zoning
MUB - Stores & Residential
Frontage
124 FT on Dutton Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NEWB-000130C-000000-000431
Land Assessment
$207,800
Improvements Assessment
$260,100
Total Assessment
$467,900
  • Listing ID: 32893750

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1227 Ashley Blvd, New Bedford, MA 02745

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