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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.

More Info

Basic Information

  • Gross Income $49,200
  • Mls StatusNew
  • Parcel Number M:0044 L:0551

Tax Information

  • Tax Year 2025
  • Taxes$7,168

Basic Information

  • List Price$660,000
  • MLS Number73542934
  • Modification Date06/29/2026

Location

  • Address87 Tremont Street
  • Building Number87
  • CountyBristol
  • StateMA
  • StreetTremont Street
  • TownNew Bedford
  • Zip02740

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1930

Property

  • Acreage0.26

Exterior

  • RoofShingle

Property Information

  • Living Area 8,061
  • Lot Size Square Feet 11,260
  • Lot Size Units Acres
  • Square Feet8,061

Legal

  • ZoningRB
  • Zoning Description Legal Conforming

Other

  • Date Listed06/29/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Cheryl Perry of Lamacchia Realty,Inc

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