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$2,455,000

5 Dover St, New Bedford MA 02740
New Bedford, MA 02740
Listed by Donald Sylvia
Bedrooms
N/A
Bathrooms
N/A
Living area
29,103 sqft
Year built
1903

About this home

Located in historic downtown New Bedford, near the city’s iconic cobblestone streets and just minutes from the Port of New Bedford, America’s #1 fishing port. This 99% rented multi-tenant commercial property offers a strong income-producing opportunity in one of the South Coast’s most recognizable waterfront markets. The property features multiple tenants and is being positioned at approximately a 7.17% cap rate based on seller-stated NOI. Convenient access to downtown amenities, the working waterfront, restaurants, services, and major routes. Buyer and buyer’s agent to perform all due diligence and verify all financials, rents, leases, expenses, zoning, use, and property information.

Property details

MLS #
73537518
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.22 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Sgt Wm H Carney Academy
0.41 mi away · Grades -1-5
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
607
Student:teacher ratio
11.2:1
District
New Bedford
Middle
Keith Middle School
1.47 mi away · Grades 6-8
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
938
Student:teacher ratio
10.8:1
District
New Bedford
High
Whaling City Junior/Senior High School
0.36 mi away · Grades 7-12
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
67
Student:teacher ratio
4.5:1
District
New Bedford

Mortgage calculator

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Est. monthly payment
$14,934/mo
$491,000 down
$1,964,000 loan
Principal & interest$12,738
Property tax (est.)$2,046
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 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.