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First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford,Route 140,Routes 24 & 495,the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!

More Info

Basic Information

  • Gross Income $164,000
  • Mls StatusNew
  • Parcel Number M:0132E L:0004,2907872

Tax Information

  • Tax Year 2026
  • Taxes$25,000

Rooms

  • Bathroom4

Basic Information

  • List Price$1,350,000
  • MLS Number73549278
  • Modification Date07/14/2026

Location

  • Address1 Welby Road
  • Building Number1
  • CountyBristol
  • NeighborhoodFar North
  • StateMA
  • StreetWelby Road
  • SubdivisionFar North
  • TownNew Bedford
  • Zip02745

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1972

Property

  • Acreage1.02
  • Frontage Length 262

Property Information

  • Living Area 10,120
  • Lot Size Square Feet 44,296
  • Lot Size Units Acres
  • Square Feet10,120

Legal

  • ZoningIA
  • Zoning Description Legal Conforming

Other

  • Date Listed07/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Lori A. Nery of Coastal Realty

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