Exceptional Investment Opportunity: Free-Standing Commercial Real Estate Property For Sale! Discover the potential of this prime corner location in New Bedford, offering high visibility and a reliable income stream. This well-maintained property is perfect for investors seeking passive income, with a long-term tenant in place. The successful retail owner will lease back at $2,500 per month, providing immediate cash flow. Additionally, the property generates bonus income of $8,000-$10,000 per year from outside donation bins.The main level features a bright retail space with a restroom, while the lower level offers ample assembly and storage space. This turnkey investment in a thriving area is an opportunity you won’t want to miss. To ensure the continued success of the operational business, all interested buyers must sign a Non-Disclosure Agreement (NDA) prior to property visits.Act nowthis rare investment opportunity won’t last long!
MLS# | 73319748 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 61 |
Listing Provided By | Coastal Realty | Lori A. Nery |
Bath(s) | 1 |
---|---|
SQ Feet | 1,700 |
Zoning | MUB |
Acreage | 0.17 |
State | MA |
---|---|
County | Bristol |
City | New Bedford |
Zip Code | 02740 |
Area | Bristol |
Listing VS Median (in 02740) | |
Price: $399,000 low | high Med: $399,000 SqFt: 1,700 low | high Med: 2,857 $ / SqFt: $235 low | high Med: $140 On Site: 61 low | high Med: 1316.000000 |