87 Tremont Street, New Bedford, MA 02740
87 Tremont Street, New Bedford, MA 02740
87 Tremont Street, New Bedford, MA 02740
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$660,000
Est. payment /mo
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8,061 SqFt
Active

87 Tremont Street New Bedford, MA 02740

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,061 sqft

Price per Sqft $81

MLS Listing ID 73542934

HOA Y/N false

Year Built 1930

Annual Tax Amount $7,168

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Description

Rare opportunity to acquire a self-storage facility in New Bedford offering immediate income and substantial upside potential. This approximately 8,061 sq ft industrial building features 31 storage units with a mix of 6x6 and 10x15 units, on-site parking, and a half bath for operational convenience. Current gross annual income is approximately $49,200, with multiple vacant units providing an excellent opportunity to increase occupancy and boost cash flow. The property offers public water and sewer, gas heat, overhead garage doors, and a functional layout designed for efficient self-storage operations. Strategically located near downtown New Bedford, major roadways, residential neighborhoods, and local businesses, creating a strong customer base and long-term demand. Ideal for investors seeking a stable income-producing asset with significant value-add potential through lease-up and rent optimization.

Location

State MA

County Bristol

Zoning RB

Direction Rockdale Avenue to Union Street to Tremont Street

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Shingle

Others

Senior Community false

MLSPIN
Listed by Lamacchia Realty, Inc.
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.