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
40
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.

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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

Floor Layout

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:

Nearby Schools

School information not available for this location.

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

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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.

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