Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.
For sale
$1,600,000
194-194 Riverside Ave #R, New Bedford, MA 02746
--beds
0baths
26,910sqft
5-9 Family
Built in 1925
-- sqft lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
Expansive residenceConsiderable outdoor spaceTwo stories
- 105 days |
- 392 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Jason P. Lanagan 508-985-8898,
Lanagan & Co 617-848-1240,
Jason P. Lanagan 508-985-8898
Source: MLS PIN,MLS#: 73519513
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 26,910
- Total interior livable area: 26,910 sqft
- Finished area above ground: 26,910
Property
Parking
- Total spaces: 60
- Parking features: Off Street
- Uncovered spaces: 60
Features
- Has view: Yes
- View description: Water, Public Water View
- Has water view: Yes
- Water view: Public,Water
- Waterfront features: Waterfront, River
Lot
- Size: 2.91 Acres
- Features: Easements
Details
- Parcel number: M:0105 L:0183,2900208
- Zoning: (IB)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Brick
- Foundation: Granite, Slab
- Roof: Rubber
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $760,200
- Annual tax amount: $17,371
- Date on market: 5/14/2026
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $1,600,000$59/sqft |
Source: MLS PIN #73519513 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02746
Nearby schools
GreatSchools rating
- 3/10Abraham Lincoln Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Normandin Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10New Bedford High SchoolGrades: 9-12Distance: 2.1 mi
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