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Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.

More Info

Basic Information

  • Lot Features Easements
  • Mls StatusNew
  • Parcel Number M:0105 L:0183,2900208

Tax Information

  • Tax Assessed Value $760,200
  • Tax Year 2026
  • Taxes$17,371

Parking

  • Parking Features Off Street
  • Parking Spaces60

Basic Information

  • List Price$1,600,000
  • MLS Number73519513
  • Modification Date05/14/2026
  • Property SubType5-9 Family

Location

  • Address194-R Riverside Avenue
  • Building Number194-r
  • CountyBristol
  • NeighborhoodNorth
  • StateMA
  • StreetRiverside Avenue
  • SubdivisionNorth
  • TownNew Bedford
  • Zip02746

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationGranite, Slab
  • Levels 2
  • Stories2
  • Units25
  • Year Built1925
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage2.91

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 26,910
  • Lot Size Square Feet 126,759
  • Lot Size Units Acres
  • Square Feet26,910

Amenities

  • Other AmenitiesWaterfront, Water View

Water Body

  • WaterfrontYes
  • Waterfront Features Waterfront, River

Legal

  • Zoning(IB)

Other

  • Date Listed05/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jason P. Lanagan of Lanagan & Co

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