About 1 Welby Rd
First Time Offered! Exceptional investment opportunity at 1 Welby Park! This impressive two-story brick professional office building offers 10,120 sq ft on 1.09 beautifully landscaped acres in a peaceful suburban setting just minutes from Downtown New Bedford,Route 140,Routes 24 & 495,the commuter rail station & New Bedford Regional Airport. The property features 6 fully leased professional office suites, including 3 long-term leased tenants & 4 tenant-at-will occupants, generating $164,000 in annual income. A 500 SF office becomes available August 1st, creating immediate leasing potential. Many tenants have invested in significant interior improvements & all pay their own utilities. Additional income is generated from highly visible signage on the Phillips Road corner. Amenities include 4 restrooms, handicap accessible lift & paved parking for approximately 65 vehicles. A rare turnkey investment with outstanding cash flow, excellent accessibility & a tranquil business setting!
Features of 1 Welby Rd
| MLS® # | 73549278 |
|---|---|
| Price | $1,350,000 |
| Square Footage | 10,120 |
| Acres | 1.02 |
| Year Built | 1972 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1 Welby Rd |
|---|---|
| Area | Far North |
| City | New Bedford |
| County | Bristol |
| State | MA |
| Zip Code | 02745-1137 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | IA |
|---|
Listing Details
| Agent | Lori A. Nery |
|---|---|
| Office | Coastal Realty |