MA
Bristol
New Bedford
02740
268-270 Union St
268-270 Union St, New Bedford, MA 02740
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Listing Type
Commercial/Industrial
Listing Status
Active
15
$679,999

Home Details for 268-270 Union St

Price
$679,999
Type
Commercial Sale
Square feet
4062
Year built
1950
Lot size acres
0.11
County
Bristol
MLS Listing#
73503412
Property Description

Strong value-add commercial asset in the heart of downtown New Bedford. This two-unit property offers immediate income plus upside potential. Unit 1 is occupied by Fall River Pawn Brokers, delivering a 7.8% cap rate with consistent cash flow. Unit 2 is a office suite (formerly a law firm) featuring a reception area, seven offices/conference rooms, half bath, and central HVAC—ready for lease-up or owner-user occupancy. Both units are separately metered for electric, gas, and water providing operational efficiency. With lease-up of the vacant unit, investors can achieve an estimated 12% cap rate. Ideal opportunity for investors seeking cash flow with upside in a high-traffic, high-demand downtown location.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: SmartHub Boston - 617-706-4928
Presented by: Mington Tea
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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