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268-270 Union St, New Bedford MA 02740

Commercial Sale

Prime value-add investment opportunity in the heart of downtown New Bedford. This well-positioned mixed-use property features two commercial units and offers immediate cash flow with significant upside potential. Unit 1 is occupied by Fall River Pawn Brokers, providing stable rental income and an attractive 8.9% capitalization rate, making it an excellent foundation for investors seeking dependable returns from day one. Unit 2 is currently vacant, presenting a tremendous value-add opportunity for investors or owner-users. Once leased at market rent, Unit 2 has the potential to generate an estimated 12%–13% capitalization rate, significantly increasing the property's overall return and cash flow. The space offers a flexible layout consisting of a welcoming reception area, seven private offices and/or conference rooms, a half bathroom, and central HVAC throughout, making it suitable for a variety of professional or service-based businesses.

This home has been viewed 10 times

Last Checked: June 25th, 2026 at 4:58am (Source: MLS PIN #73503412)

General Information for 268-270 Union St, New Bedford MA 02740

Listing ID73503412

Property TypeCommercial Sale / Professional/Office

Price$599,999

Style

CityNew Bedford

CountyBristol

Neighborhood(s)

ZoningMUB

Year Built1950

Disclosures for 268-270 Union St, New Bedford MA 02740

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsRefrigerator And Some Personal Belongings

Compensation Based On

Contact Information for 268-270 Union St, New Bedford MA 02740

Agent

Name: Mington Tea

Office

Name: SmartHub Boston

Phone: 617-706-4928

Exclusive Listing Agent

SmartHub Boston

Mington Tea

Agent Phone

Office Phone

(617) 706-4928

Text Agent Call Agent Call Office

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EXIT

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