$1,575,000
( )
 $8,455 est/mo Sourced by Back At You

41-43 William St , New Bedford, MA 02740

New Bedford, MA 02740

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Description

41-43 William Street "Freestones" is the heart of Downtown New Bedford. This iconic building and restaurant are located in the in close proximity to the Whaling National Park's Visitors Center and the world famous Whaling Museum. Additional economic drivers that will impact this site's performance in the near future include train/rail service to and from Boston, Offshore Wind Industry in the Port of New Bedford, and the New Bedford Waterfront Redevelopment Plan of State Pier. Historically, a high performing restaurant use has occupied the first floor and large 3 bedroom apartment on the second level compliments the hospitality use and the pro forma of the property ( a financial package is available for qualified buyers ). Since 2022 the property has undergone extensive renovations to include residential rehab of the apartment, new HC approved windows, plumbing, electrical, HVAC, Ansul system, flooring, tile, bar top/counters, FRP, kitchens, storage. This is an opportunity.

Details

MLS#73264375
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1885
Days On Site193
Listing Provided ByLanagan & Co | Jason P. Lanagan

Features

Bath(s)5
ZoningMUB
Acreage0.06

Market Activity 02740

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Learn More About This Property

StateMA
CountyBristol
CityNew Bedford
Zip Code02740
AreaCenter
Listing VS Median (in 02740)
Price:
$1,575,000
low | high
Med:
$391,950
100% of Average
On Site:
193
low | high
Med:
39.000000
100% of Average
Sourced by Back At You
Listing Updated: December 31, 2024 at 3:17:53 AM PST