1 Pearl St & Es Acushnet Ave, New Bedford, MA

$5,000,000

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17,500

Square feet

3.16

Acres

About 1 Pearl St & Es Acushnet Ave

ATTENTION all investors, hotel, developers & retail end users! This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18 Here is your opportunity, directly abutting the fully operating Railroad Depot. This is a 3.16 acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal.TODS benefit people,cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project." .TOD development offers limited soft costs with zoning & height regulations all but waived.Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port ,a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks,shops,dining, musems & a art community

Features of 1 Pearl St & Es Acushnet Ave

MLS® # 73547308
Price $5,000,000
Square Footage 17,500
Acres 3.16
Year Built 1920
Type Commercial Sale
Status Active

Community Information

Address 1 Pearl St & Es Acushnet Ave
Area Center
City New Bedford
County Bristol
State MA
Zip Code 02740-7343

Amenities

Utilities Public Water, Public Sewer
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning IB

Listing Details

Agent Noble Vincent
Office Coastal Realty

Listing Map

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