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Active

194-R Riverside Ave

New Bedford, MA 02746

Offered at$1,600,000

Residential Income · Active · MLS #73519513
Listing Courtesy of Lanagan & Co | Jason P. Lanagan

Bedrooms
Bathrooms
26,910Square feet
1925Year built

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MLS PIN data

About this home

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.

Property information

Details at a glance

Building

Style
5-9 Family
Year built
1925
Parking
60
Foundation
Granite, Slab
Roof
Rubber

Land & utilities

Lot size
2.91 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
(IB)

Financial

Annual taxes
$17,371
Assessment year
2026

Listing history

Price and status timeline

  1. New

    $1,600,000 · May 14, 2026

Property value estimate

An informed starting point

Estimated value$1,798,000

Estimated range $1,423,720$2,172,280

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in New Bedford

MetricThis propertyNew Bedford
List price$1,600,000$600,000167% above local
Price / sq ft$59$21873% below local
Days on market75788% below local
Explore homes in New Bedford

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

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Common questions

About 194-R Riverside Ave

Can I schedule a private showing?

Yes. Request a tour of 194-R Riverside 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.