1 Pearl St & Es Acushnet Ave, New Bedford MA 02740
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$5,000,000

1 Pearl St & Es Acushnet Ave, New Bedford MA 02740
New Bedford, MA 02740
Listed by Noble Vincent
Bedrooms
N/A
Bathrooms
N/A
Living area
17,500 sqft
Year built
1920

About this home

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

Property details

MLS #
73547308
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
42
On market date
July 9, 2026
Stories
N/A
Garage spaces
N/A
Lot size
3.16 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John Avery Parker
0.29 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
226
Student:teacher ratio
11.3:1
District
New Bedford
Middle
Keith Middle School
1.21 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
0.71 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
$30,261/mo
$1,000,000 down
$4,000,000 loan
Principal & interest$25,944
Property tax (est.)$4,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 20 days ago.

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.