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    1265 Purchase Street

    New Bedford, MA 02740
    • $1,500,000
    • STATUS: Active
    • MLS #: 72836794
    UPDATED: 59 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 2021-09-28T08:08:17.63.
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    1265 Purchase Street New Bedford, MA 02740

    • Price: $1,500,000
    • Status: Active
    • Updated: 59 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 © 2021 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 2021-09-28T08:08:17.63.
     
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    420 Harvard St. Suite 1
    Brookline MA, 02446
    Listing courtesy of Richard Barnes of Cic Realty.