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1265 Purchase Street

New Bedford, MA 02740
  • $1,500,000
  • STATUS: Active
  • MLS #: 72836794
UPDATED: 57 min ago
$1,500,000
  • 0
    BEDS
  • 1.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,935
    SQFT
  • $54
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Listing courtesy of Richard Barnes of Cic Realty.

Description

Formerly The Glaser Glass Company, an iconic family owned business in New Bedford since the mid-50's, the business has been sold to Safelite Auto Glass and moved across the street. The original buildings and land (27,935 sf on 1.16 acres) is now available for the first time. Located at the exit ramp from Route 18 onto Purchase Street, the property is 400 feet from the proposed pedestrian walkover to the upcoming MBTA New Bedford Station, set for opening in 2023. This is a perfect re-development opportunity in the Mixed-Use Business Zone allowing for a mix of multi-family residential and commercial uses. This transit oriented development (TOD) site is also located in the City's federally designated Opportunity Zone, providing for excellent tax incentives for redevelopment.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-01-18T10:08:50.373.
www.parrottrealtygroup.com/homes/117517626
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1265 Purchase Street New Bedford, MA 02740

  • Price: $1,500,000
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 72836794
0
Beds
0
Baths
0
½ Baths
1.16
Acres
27,935
SQFT
$54
$/SQFT
1949
Built
Neighborhood:
Other
County:
Bristol
Area:
Other
Property Description
Formerly The Glaser Glass Company, an iconic family owned business in New Bedford since the mid-50's, the business has been sold to Safelite Auto Glass and moved across the street. The original buildings and land (27,935 sf on 1.16 acres) is now available for the first time. Located at the exit ramp from Route 18 onto Purchase Street, the property is 400 feet from the proposed pedestrian walkover to the upcoming MBTA New Bedford Station, set for opening in 2023. This is a perfect re-development opportunity in the Mixed-Use Business Zone allowing for a mix of multi-family residential and commercial uses. This transit oriented development (TOD) site is also located in the City's federally designated Opportunity Zone, providing for excellent tax incentives for redevelopment.
Exterior Features

Driving Doors 10 Parking Spaces 30 Stories 3

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 16408.00 Rsf Building Sq Ft 3203.00 Total Building Sq Ft 27935.00 Waf Building Sq Ft 8324.00

Property Features

Assessed Value Building 920620.00 Assessed Value Land 500000.00 Assessed Value Total 1420620.00 Commercial Industrial Type Commercial Disclosure No Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 45478.00 Total Units 3 Wau Units 1 Year Built Source Pr Zone Description Legal Conforming Zoning Mub

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Richard Barnes of Cic Realty.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-01-18T10:08:50.373.
 
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Parrott Realty Group | Keller Williams Gateway Realty
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Listing courtesy of Richard Barnes of Cic Realty.