Industrial Properties in New Bedford, Massachusetts, offer a unique investment opportunity for those looking to tap into the city's rich history and growing economy. As a major fishing port and former whaling hub, New Bedford has a strong industrial heritage, making it an attractive location for industrial properties. These properties can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and more. With its strategic location on the Acushnet River, New Bedford provides easy access to major transportation routes, including Interstate 195, U.S. Route 6, and the Port of New Bedford. The city's strong educational institutions, such as Fisher College and Bristol Community College, also provide a skilled workforce. Additionally, New Bedford's amenities, including the New Bedford Whaling National Historical Park and Buttonwood Park Zoo, make it an attractive location for businesses and residents alike. As a result, Industrial Properties in New Bedford are a great investment opportunity for those looking to capitalize on the city's growth and development.
New Bedford's industrial landscape is complemented by its diverse range of properties, including 6 Industrial Properties currently for sale. In addition to Industrial Properties, the city is also home to Warehouses, such as those found in the New Bedford Business Park, which offer flexible storage and distribution solutions. Land is also available for development, providing opportunities for new businesses to establish themselves in the area. Apartment Buildings, like those found in the city's historic districts, offer a unique blend of residential and commercial space. Meanwhile, Commercial Real Estate, such as office buildings and retail spaces, provide a range of options for businesses looking to establish a presence in the city. With its rich history, strong economy, and diverse range of properties, New Bedford is an attractive location for investors and businesses alike.
What is the average price per square foot for industrial properties in New Bedford?
The average price per square foot for industrial properties in New Bedford is $156 USD.
How do location and transportation access affect industrial property values?
In New Bedford, Massachusetts, the location and transportation access of industrial properties significantly impact their values, with proximity to major transportation hubs, highways, and the Port of New Bedford being highly desirable.
- Industrial properties near the New Bedford Regional Airport, Interstate 195, and U.S. Route 6 tend to have higher values due to easy access to regional and national markets.
- Properties located near the Port of New Bedford, which serves as a major harbor for freight and passenger services, also command higher values due to their proximity to shipping and logistics infrastructure.
- Additionally, industrial properties in areas with good connectivity to the city's bus terminal and rail yard, such as the South Coast Rail project, may also see increased values due to the convenience of public transportation options for employees and customers.
