BMN Boston

Get our mobile app!

Download on the App Store

5 Dover St, New Bedford MA 02740

New Bedford, MA 02740
$2,455,000
Est. $15,564/month
29,103
Sq Ft
$84
Price/Sq Ft
0.22
Acres
1903
Year Built
20
Days on Market
Active Listed Jun 17, 2026 • MLS# 73537518 Copied! • Updated Jun 21, 2026

About this home

Located in historic downtown New Bedford, near the city’s iconic cobblestone streets and just minutes from the Port of New Bedford, America’s #1 fishing port. This 99% rented multi-tenant commercial property offers a strong income-producing opportunity in one of the South Coast’s most recognizable waterfront markets. The property features multiple tenants and is being positioned at approximately a 7.17% cap rate based on seller-stated NOI. Convenient access to downtown amenities, the working waterfront, restaurants, services, and major routes. Buyer and buyer’s agent to perform all due diligence and verify all financials, rents, leases, expenses, zoning, use, and property information.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 17, 2026
$2,455,000
Original listing
Agent: Donald Sylvia Office: RE/MAX Vantage

Tax History

Year Taxes Assessment
2026 $35,399

Financial Details

Annual Property Tax
$35,399
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1903
Living Area 29,103 sq ft
Lot Size 0.22 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

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

Financial

Annual Tax $35,399
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures All Financial Information, Income, Expenses, Noi, Cap Rate, Lease Details, Square Footage, Zoning, Taxes, And Property Information Are Based On Seller-provided Information And/or Public Sources And Are Subject To Buyer/ Buyer Agent Verification. Property Is Tenant-occupied; Do Not Disturb Tenants.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Bristol

Property Overview

Listing Type
Commercial Sale
Year Built
1903
Living Area
29,103 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1903
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
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

3 schools
C-
Sgt. William H. Carney Memorial Academy Elementary School
0.4 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
Holy Family-Holy Name School
0.4 mi
Grades PK-08
Child and Family Services
0.5 mi
Grades K-12
M

Middle Schools

3 schools
Nativity Prep School
0.2 mi
Grades 05-08
C-
Keith Middle School
1.5 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+
Hastings Middle School
1.6 mi | #218 of 352 | Score: 39.5
Dropped 82 spots from last year
-18.7 below state avg
415 students Moderate
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.4 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+
Fairhaven High School
1.1 mi | #211 of 346 | Score: 50.5
Dropped 8 spots from last year
-7.7 below state avg
568 students Moderate
17 sports • 1,168 athletes
Strong AP Program College Ready Curriculum Strong Athletics
Grades 09-12
The Nemasket Group
1.2 mi
Grades 12
Learn about these ratings

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 $2,950
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.

Location

Loading map...

Neighborhood

5 Dover St, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Donald Sylvia
Listing Office RE/MAX Vantage
Office Phone 774-992-0297
Agent MLS ID FR800024
Office MLS ID AN3217
Listing Data Updated Jun 21, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for New Bedford, MA

Real-time market trends and pricing data for this area

5 Dover St, New Bedford MA 02740 - Photo 1 5 Dover St, New Bedford MA 02740 - Photo 2 5 Dover St, New Bedford MA 02740 - Photo 3 5 Dover St, New Bedford MA 02740 - Photo 4 5 Dover St, New Bedford MA 02740 - Photo 5 5 Dover St, New Bedford MA 02740 - Photo 6 5 Dover St, New Bedford MA 02740 - Photo 7 5 Dover St, New Bedford MA 02740 - Photo 8 5 Dover St, New Bedford MA 02740 - Photo 9 5 Dover St, New Bedford MA 02740 - Photo 10 5 Dover St, New Bedford MA 02740 - Photo 11 5 Dover St, New Bedford MA 02740 - Photo 12 5 Dover St, New Bedford MA 02740 - Photo 13 5 Dover St, New Bedford MA 02740 - Photo 14 5 Dover St, New Bedford MA 02740 - Photo 15 5 Dover St, New Bedford MA 02740 - Photo 16 5 Dover St, New Bedford MA 02740 - Photo 17 5 Dover St, New Bedford MA 02740 - Photo 18 5 Dover St, New Bedford MA 02740 - Photo 19 5 Dover St, New Bedford MA 02740 - Photo 20 5 Dover St, New Bedford MA 02740 - Photo 21 5 Dover St, New Bedford MA 02740 - Photo 22 5 Dover St, New Bedford MA 02740 - Photo 23 5 Dover St, New Bedford MA 02740 - Photo 24 5 Dover St, New Bedford MA 02740 - Photo 25 5 Dover St, New Bedford MA 02740 - Photo 26 5 Dover St, New Bedford MA 02740 - Photo 27 5 Dover St, New Bedford MA 02740 - Photo 28 5 Dover St, New Bedford MA 02740 - Photo 29 5 Dover St, New Bedford MA 02740 - Photo 30 5 Dover St, New Bedford MA 02740 - Photo 31 5 Dover St, New Bedford MA 02740 - Photo 32 5 Dover St, New Bedford MA 02740 - Photo 33 5 Dover St, New Bedford MA 02740 - Photo 34 5 Dover St, New Bedford MA 02740 - Photo 35 5 Dover St, New Bedford MA 02740 - Photo 36 5 Dover St, New Bedford MA 02740 - Photo 37
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour