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34449799
34449798

1 WELBY RD, NEW BEDFORD, MA 02745-1137 For Sale

Coastal Realty
Listed by Coastal Realty
$1,350,000
2 days on market
Updated 2 days ago

1 Welby Rd, New Bedford, MA 02745

Details
APN 132 E 0004
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 10,120
Units 8
Year Built 1972
Buildings 1
Stories 2
Lot Size (SqFt) 42,405
Zoning IA

Office | 10,120 SqFt

Marketing 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!

Investment highlights

  • 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
  • A 500 SF office becomes available August 1st, creating immediate leasing potential

Listing Contacts

Coastal Realty
Listed by Coastal Realty

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