Active
41-43 William St
New Bedford MA, 02740
$1,575,000
Active
5 Baths
Commercial
Built in 1885
41-43 William Street "Freestones" is the heart of Downtown New Bedford. This iconic building and restaurant are located in the in close proximity to the Whaling National Park's Visitors Center and the world famous Whaling Museum. Additional economic drivers that will impact this site's performance in the near future include train/rail service to and from Boston, Offshore Wind Industry in the Port of New Bedford, and the New Bedford Waterfront Redevelopment Plan of State Pier. Historically, a high performing restaurant use has occupied the first floor and large 3 bedroom apartment on the second level compliments the hospitality use and the pro forma of the property ( a financial package is available for qualified buyers ). Since 2022 the property has undergone extensive renovations to include residential rehab of the apartment, new HC approved windows, plumbing, electrical, HVAC, Ansul system, flooring, tile, bar top/counters, FRP, kitchens, storage. This is an opportunity.
73264375
MLSⓇ ID
July 14, 2024
Listed
October 13, 2024
Updated
Map
41-43 William St
New Bedford MA, 02740
Interior Features
Total Bathrooms
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Area Name
Center
Taxes
$28,055
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Bristol
Pool
No
Zoning
MUB
Listing History
Date | Event | Price |
|---|---|---|
9/26/2024 | Price change | $1,575,000 -10% |
7/31/2024 | Price change | $1,750,000 -11% |
Courtesy of Jason P. Lanagan, Lanagan & Co
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Data last updated 8:58 AM UTC, 10/13/2024
