1 Pearl St & Es Acushnet Ave, New Bedford, MA 02740
- $5,000,000
- 2
- BA
- 17,500
- SqFt
- List Price
- $5,000,000
- Status
- ACTIVE
- MLS#
- 73547308
- Bathrooms
- 2
- Living Area
- 17,500
- Lot Size (Acres)
- 3.16
- Year Built
- 1920
Property Description
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
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Additional Information
- Area
- Center
- Taxes
- $22,724
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Listing courtesy of Listing Agent: Noble Vincent from Listing Office: Coastal Realty.
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