Commercial Sale at 194-R Riverside Ave, New Bedford MA 02746, New Bedford
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$1,600,000

194-R Riverside Ave, New Bedford MA 02746
New Bedford, MA 02746
Listed by Jason P. Lanagan
Bedrooms
N/A
Bathrooms
N/A
Living area
26,910 sqft
Year built
1925

About this home

Presenting an exceptional commercial/industrial opportunity located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive site offers a substantial 26,910 square feet of protentional commercial/industrial/residential conversation, providing significant space for diverse configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.

Property details

MLS #
73519525
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
143
On market date
May 14, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.91 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
Alma del Mar Charter School
0.24 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
944
Student:teacher ratio
13.1:1
District
Alma del Mar Charter School (District)
Middle
Normandin Middle School
0.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,112
Student:teacher ratio
13.6:1
District
New Bedford
HighCharter
Global Learning Charter Public School
0.75 mi away · Grades 5-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
11.5:1
District
Global Learning Charter Public (District)

Walkability

Blended score for New Bedford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores18
Parks9
Schools9
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in New Bedford, from live MLS data.

On the market 143 days -- 16 more days than New Bedford's current average of 127 days.
For reference, the median list price across 532 active listings in New Bedford right now is $429,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.