41-43 William Street "Freestones" is the heart of Downtown New Bedford. This iconic building and restaurant are located in the in close proximity to the Whaling National Park's Visitors Center and the world famous Whaling Museum. Additional economic drivers that will impact this site's performance in the near future include train/rail service to and from Boston, Offshore Wind Industry in the Port of New Bedford, and the New Bedford Waterfront Redevelopment Plan of State Pier. Historically, a high performing restaurant use has occupied the first floor and large 3 bedroom apartment on the second level compliments the hospitality use and the pro forma of the property ( a financial package is available for qualified buyers ). Since 2022 the property has undergone extensive renovations to include residential rehab of the apartment, new HC approved windows, plumbing, electrical, HVAC, Ansul system, flooring, tile, bar top/counters, FRP, kitchens, storage. This is an opportunity.
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Last Checked: January 27th, 2025 at 5:19am (Source: MLS PIN #73264375)
General Information for 41-43 William St, New Bedford MA 02740
Listing ID73264375
Property TypeCommercial Sale
Price$1,575,000
Style
CityNew Bedford
CountyBristol
MLS AreaCenter
Neighborhood(s)
Garage Parking
ZoningMUB
AssociationNo
Year Built1885
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 41-43 William St, New Bedford MA 02740
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation
Facilitator Compensation1%
Sub-Agent Compensation
Compensation Based On
Contact Information for 41-43 William St, New Bedford MA 02740