Significant Price Improvement: Presenting this architecturally significant landmark in the City of New Bedford: This historic gem, known as The Thomas Building, is believed to have been constructed in 1921. Originally housing a beloved department store, it has long served as an anchor to Goulart Square and the vibrant South End community. Comprising of five storefront units, including a spacious 2500+ sqft area most recently utilized as a restaurant, this property offers diverse commercial potential. Additionally, the second and third floors boast four residential units, two four bedrooms and two three bedrooms, providing a perfect blend of work and living spaces. Situated in a neighborhood sharing the city's exciting and exponential growth, the Thomas Building is a rare property and a truly coveted investment opportunity.
CALLING ALL INVESTORS/DEVELOPERS***FAR NORTH END OF NEW BEDFORD*** COMPLETELY LEVELED LOT...2.28ACRES****OPPORTUNITY KNOCKS*** PER TOWN ORDINANCES, POTENTIAL FOR 9 SUBDIVIDED LOTS. ALSO POTENTIAL FOR GROUP RESIDENCE, ASSISTED OR INDEPENDENT LIVING FACILITY, OR A NURSING/CONVALESCENT HOME. TOWN SEWER AVAILABLE - TIE IN AT THE STREET/HOUSE! ALTHOUGH THIS FARMHOUSE STANDS WELL, THIS LISTING IS SELLING AS THE POSSIBILITY OF THE DIVIDING OF THE LAND, AND MAXIMIZING CASH FLOW FOR THE SPACE. BUYER / BUYER AGENT DO ALL DUE DILIGENCE WITH ZONING / PERMITTING WITH CITY OF NEW BEDFORD.
Berkshire Hathaway HomeServices Commonwealth Real Estate
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