Commercial for Sale: 41-43 William St, New Bedford, MA 02740

$1,575,000
$1,575,000
41-43 William St, New Bedford, MA 02740
$1,575,000
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Price:
$1,575,000
$175,000 - 09/26/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.06 acres
Year Built 1885
City New Bedford
County Bristol
MLS 73264375
Status Active
DOM 163 days
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.

Lot & Building Features

Tax Year 2024
Taxes Paid $28,055

Price History of 41-43 William St, New Bedford, MA

Date Name Price Difference
09/26/2024 Price Adjustment $1,575,000 10.00%
07/31/2024 Price Adjustment $1,750,000 10.26%
07/14/2024 Listing Price $1,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jill Colby Re
Direct: 603-686-2269
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Lanagan & Co, Jason Lanagan
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41-43 William St (MLS #73264375) is a commercial listing located in New Bedford, MA. This commercial listing is on a lot of 2,500 sqft (or 0.06 acres) and is 139 years old. This property was listed on 07/14/2024 and has been priced for sale at $1,575,000.

Nearby zip codes are 02719, 02744, 02746, 02747 and 02748. This property neighbors other cities such as Acushnet, Dartmouth, Fairhaven and Middleboro.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lanagan & Co

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.