Active
87 Tremont Street
New Bedford, MA 02740
Commercial Sale · Active · MLS #73542934
Listing Courtesy of Lamacchia Realty, Inc | Cheryl Perry
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MLS PIN data
About this home
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.
Property information
Details at a glance
Building
- Style
- Other
- Year built
- 1930
- Roof
- Shingle
Land & utilities
- Lot size
- 0.26 acres
- Zoning
- RB
Financial
- Annual taxes
- $7,168
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Local market context
How this home compares 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 87 Tremont Street
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Yes. Request a tour of 87 Tremont Street and a Bean Group agent will help coordinate an available time with the listing side.
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