MA
Bristol
New Bedford
02745
1 Welby Rd
1 Welby Rd, New Bedford, MA 02745
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Listing Type
Commercial/Industrial
Listing Status
Active
42
$1,350,000

Home Details for 1 Welby Rd

Price
$1,350,000
Type
Commercial Sale
Total Bathrooms
4
Square feet
10120
Year built
1972
Lot size acres
1.02
County
Bristol
MLS Listing#
73549278
Property Description

First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford,Route 140,Routes 24 & 495,the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!

Property Features
  • Water Features
    • Public
Listing Courtesy: Coastal Realty - 508-990-4280
Presented by: Lori A. Nery
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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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