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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
14 hours 33 minutes
Time on Market
Active Listed Jun 17, 2026 • MLS# 73537518 Copied!

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 29,103 SF 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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Property Overview

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

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1903
Living Area 29,103 sq ft
Lot Size 0.22 acres

Interior

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

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

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

Financial

Annual Tax $35,399

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:

Location

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Neighborhood

5 Dover 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
Child and Family Services
0.5 mi
Grades K-12
St. James-St. John School
0.6 mi
Grades PK-08
B+
Trinity Day Academy
0.7 mi | #149 of 346 | Score: 72.4
Same rank as last year
93 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
C
Global Learning Charter Public School
1.7 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
C+
Alma del Mar Charter School
2.1 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
Nazarene Christian Academy
2.3 mi
Grades PK-12
All Saints Catholic School
3.3 mi
Grades PK-08
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
West End Day Nursery School
0.6 mi
Grades PK
M

Middle Schools

5 schools
Nativity Prep School
0.2 mi
Grades 05-08
Our Sisters' School
1.6 mi
Grades 05-06
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-
Roosevelt Middle School
1.9 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
3.1 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
0.4 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
New Bedford High School
1.2 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
3.8 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
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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.

Property History

Property Timeline

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

Price & Status History

Date Event Price Change
Jun 17, 2026 New Listing Added $2,455,000

Market Statistics

Time on Market
14 hours 33 minutes
Price per Sq Ft
$84

Tax History

Year Taxes Assessment
2026 $35,399

Financial Details

Annual Property Tax
$35,399
Tax Year 2026

Listing Information

Listing Agent Donald Sylvia
Listing Office RE/MAX Vantage
Agent MLS ID FR800024
Office MLS ID AN3217
Listing Data Updated Jun 17, 2026 1:30 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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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
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BMN Boston Real Estate

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