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305-309 Rivet St, New Bedford MA 02744

New Bedford, MA 02744
$599,900
Est. $4,123/month
8,110
Sq Ft
$74
Price/Sq Ft
0.14
Acres
1889
Year Built
11 hours 10 minutes
Time on Market
Active Listed Apr 17, 2026 • MLS# 73503679 Copied!

About this home

Exceptional investment opportunity with this solid mixed-use property featuring 3 storefronts, a spacious office previously used as a tax service business and 2 residential units. Delivered semi-vacant, this property offers endless possibilities for an owner-user, investor, or developer looking to maximize value. Property Highlights include 4 street-level commercial units with strong visibility, one unit currently with a tenant at will. 2 residential apartments including a 1-bedroom unit and spacious 3-bedroom unit. Both units have tenants at will. Set your own rents or customize tenants. Ideal for retail, office, or service-based businesses. Whether you’re looking to create a steady income stream, reposition the asset, or bring your own business vision to life, this property is a rare blank canvas in a desirable setting. Roof on residential side of building done approximately 1 year ago. Store front unit previously used as a restaurant in need of renovation.

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Property Overview

Listing Type
Commercial Sale
Year Built
1889
Living Area
8,110 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1889
Living Area 8,110 sq ft
Lot Size 0.14 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

Financial

Annual Tax $10,678

Interior Features

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

Construction & Materials

Year Built: 1889
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

305-309 Rivet St, New Bedford MA 02744

New Bedford, MA 02744

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
St. James-St. John School
0.6 mi
Grades PK-08
Holy Family-Holy Name School
1.3 mi
Grades PK-08
B+
Trinity Day Academy
1.4 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
1.6 mi
Grades K-12
C
Global Learning Charter Public School
2.7 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
2.8 mi
Grades PK-12
C+
Alma del Mar Charter School
3.2 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
4.4 mi
Grades PK-08
C-
John B Devalles School
0.1 mi | #722 of 824 | Score: 34.1
Improved 107 spots from last year
-24.1 below state avg
292 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
James B Congdon School
0.2 mi | #488 of 824 | Score: 45.0
Dropped 6 spots from last year
-13.2 below state avg
299 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

5 schools
Nativity Prep School
0.9 mi
Grades 05-08
Our Sisters' School
1.4 mi
Grades 05-06
C-
Roosevelt Middle School
1.1 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-
Keith Middle School
2.1 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-
Normandin Middle School
4.2 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
1.0 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
1.9 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
4.9 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
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $890
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

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Current Rate
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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
$599,900
Original listing
Agent: Kristy Washburn Office: Keller Williams South Watuppa

Price & Status History

Date Event Price Change
Apr 17, 2026 New Listing Added $599,900 —

Market Statistics

Time on Market
11 hours 10 minutes
Price per Sq Ft
$74

Tax History

Year Taxes Assessment
2025 $10,678 —

Financial Details

Annual Property Tax
$10,678
Tax Year 2025

Listing Information

Listing Agent Kristy Washburn
Listing Office Keller Williams South Watuppa
Agent MLS ID CT008769
Office MLS ID AN3817
Listing Data Updated Apr 17, 2026 5:44 PM 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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