$679,999
268-270 Union St
New Bedford, MA, 02740
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.
Property Details
Price:
$679,999
MLS #:
73503412
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Apr 17, 2026
Finished Sq Ft:
4,062
Total Sq Ft:
4,062
Lot Size:
4,840 sqft / 0.11 acres (approx)
Year Built:
1950
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$9,803
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in New Bedford as of May 04, 2026
63
Commercial Listed
208
Avg DOM
146
Avg $ / SqFt
$1,056,234
Avg List Price
Community
- Address268-270 Union St New Bedford MA
- CityNew Bedford
- CountyBristol
- Zip Code02740
Subdivisions in New Bedford
Similar Listings Nearby
Property Summary
- 268-270 Union St New Bedford MA is a Commercial for sale in New Bedford, MA, 02740. It is listed for $679,999 To schedule a showing of MLS#73503412 at 268-270 Union St in New Bedford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of UW Realty Company. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
268-270 Union St
New Bedford, MA