New Bedford, MA 02740,41-43 William St
New Bedford, MA 02740,41-43 William St
New Bedford, MA 02740,41-43 William St
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$1,575,000
Est. payment /mo
2,613 Sqft Lot
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UPDATED:

10/13/2024 07:05 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73264375

HOA Y/N false

Year Built 1885

Annual Tax Amount $28,055

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Description

41-43 William Street "Freestones" is the heart of Downtown New Bedford. This iconic building and restaurant are located in the in close proximity to the Whaling National Park's Visitors Center and the world famous Whaling Museum. Additional economic drivers that will impact this site's performance in the near future include train/rail service to and from Boston, Offshore Wind Industry in the Port of New Bedford, and the New Bedford Waterfront Redevelopment Plan of State Pier. Historically, a high performing restaurant use has occupied the first floor and large 3 bedroom apartment on the second level compliments the hospitality use and the pro forma of the property ( a financial package is available for qualified buyers ). Since 2022 the property has undergone extensive renovations to include residential rehab of the apartment, new HC approved windows, plumbing, electrical, HVAC, Ansul system, flooring, tile, bar top/counters, FRP, kitchens, storage. This is an opportunity.

Location

State MA

County Bristol

Area Center

Zoning MUB

Direction 195 to Rt. 18 to DNB

Exterior

Utilities Available Public Water, Public Sewer

Waterfront false

Others

Senior Community false


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Listed by Lanagan & Co

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Kathy Snyder

+1(603) 557-8599

Broker | License ID: 056282

Broker License ID: 056282

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