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Active

1 Pearl St & Es Acushnet Ave

New Bedford, MA 02740

Offered at$5,000,000

Commercial Sale · Active · MLS #73547308
Listing Courtesy of Coastal Realty | Noble Vincent

Bedrooms
2Bathrooms
17,500Square feet
1920Year built

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MLS PIN data

About this home

ATTENTION all investors, hotel, developers & retail end users! This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18 Here is your opportunity, directly abutting the fully operating Railroad Depot. This is a 3.16 acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal.TODS benefit people,cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project." .TOD development offers limited soft costs with zoning & height regulations all but waived.Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port ,a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks,shops,dining, musems & a art community

Property information

Details at a glance

Building

Style
Other
Year built
1920
Roof
Asphalt/Composition Shingles

Land & utilities

Lot size
3.16 acres
Zoning
IB

Financial

Annual taxes
$22,724
Assessment year
2024

Listing history

Price and status timeline

  1. Exp

    $5,000,000 · May 1, 2025

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Local market context

How this home compares in Center

MetricThis propertyCenter
List price$5,000,000$2,000,000150% above local
Price / sq ft$286$16375% above local
Days on market327
Explore homes in New Bedford

Active neighborhood listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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About 1 Pearl St & Es Acushnet Ave

Can I schedule a private showing?

Yes. Request a tour of 1 Pearl St & Es Acushnet Ave and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.