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268-270 Union St, New Bedford MA 02740

New Bedford, MA 02740
$679,999
Est. $4,455/month
4,062
Sq Ft
$167
Price/Sq Ft
0.11
Acres
1950
Year Built
19 hours 12 minutes
Time on Market
Active Listed Apr 17, 2026 • MLS# 73503412 Copied!

About this home

Strong value-add commercial asset in the heart of downtown New Bedford. This two-unit property offers immediate income plus upside potential. Unit 1 is occupied by Fall River Pawn Brokers, delivering a 7.8% cap rate with consistent cash flow. Unit 2 is a office suite (formerly a law firm) featuring a reception area, seven offices/conference rooms, half bath, and central HVAC—ready for lease-up or owner-user occupancy. Both units are separately metered for electric, gas, and water providing operational efficiency. With lease-up of the vacant unit, investors can achieve an estimated 12% cap rate. Ideal opportunity for investors seeking cash flow with upside in a high-traffic, high-demand downtown location.

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Property Overview

Listing Type
Commercial Sale
Year Built
1950
Living Area
4,062 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1950
Living Area 4,062 sq ft
Lot Size 0.11 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $9,803

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1950
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

268-270 Union St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

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Nearby Schools

School District
New Bedford School District local
C-
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
⚠ School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
↑ 0.5% above state avg
E

Elementary Schools

10 schools
Holy Family-Holy Name School
0.4 mi
Grades PK-08
St. James-St. John School
0.4 mi
Grades PK-08
B+
Trinity Day Academy
0.6 mi | #149 of 346 | Score: 72.4
Same rank as last year
93 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
Child and Family Services
0.6 mi
Grades K-12
C
Global Learning Charter Public School
1.8 mi | #263 of 346 | Score: 45.1
Improved 7 spots from last year
-13.1 below state avg
508 students Diverse
High Graduation Rate College Ready Curriculum Diverse Student Body
Grades 05-12
Nazarene Christian Academy
2.2 mi
Grades PK-12
C+
Alma del Mar Charter School
2.2 mi | #234 of 352 | Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students Diverse
Rising School
Grades K-08
All Saints Catholic School
3.4 mi
Grades PK-08
C-
Sgt. William H. Carney Memorial Academy Elementary School
0.3 mi | #706 of 824 | Score: 35.2
Improved 110 spots from last year
-23 below state avg
618 students Very Diverse
Rising School Diverse Student Body
Grades K-05
West End Day Nursery School
0.5 mi
Grades PK
M

Middle Schools

5 schools
Nativity Prep School
0.1 mi
Grades 05-08
Our Sisters' School
1.4 mi
Grades 05-06
C-
Keith Middle School
1.4 mi | #306 of 352 | Score: 30.8
Dropped 17 spots from last year
-27.4 below state avg
949 students Diverse
Diverse Student Body
Grades 06-08
C-
Roosevelt Middle School
1.8 mi | #307 of 352 | Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Normandin Middle School
3.3 mi | #291 of 352 | Score: 32.1
Improved 13 spots from last year
-26.1 below state avg
990 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.2 mi | #337 of 346 | Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
1.1 mi | #261 of 346 | Score: 45.3
Improved 40 spots from last year
-12.9 below state avg
2,878 students Diverse
19 sports • 1,326 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
4.0 mi | #230 of 346 | Score: 48.4
Dropped 41 spots from last year
-9.8 below state avg
2,151 students Diverse
19 sports • 1,754 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $817
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 17, 2026
$679,999
Original listing

Price & Status History

Date Event Price Change
Apr 17, 2026 New Listing Added $679,999 —

Market Statistics

Time on Market
19 hours 12 minutes
Price per Sq Ft
$167

Tax History

Year Taxes Assessment
2025 $9,803 —

Financial Details

Annual Property Tax
$9,803
Tax Year 2025

Listing Information

Listing Agent Mington Tea
Listing Office SmartHub Boston
Agent MLS ID CN226124
Office MLS ID AN9465
Listing Data Updated Apr 17, 2026 9:39 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

BMN Boston Real Estate

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