New Bedford, Massachusetts, is a prime location for investing in Office Properties For Sale, with 8 available listings to choose from. As a city with a rich history and strong economic sectors, Office Properties in New Bedford offer a unique opportunity for investors. These properties can represent a range of investments, from single-story buildings to multi-tenant office complexes, each with its own potential for growth and development. With amenities like the New Bedford Regional Airport, Interstate 195, and the Port of New Bedford, Office Properties in this city benefit from excellent infrastructure and accessibility. Additionally, the city's strong educational institutions, such as Fisher College and Bristol Community College, provide a steady supply of skilled workers. The city's geography, with its coastal location and proximity to major transportation hubs, also makes it an attractive location for businesses.
New Bedford's Office Properties For Sale offer a unique blend of history and modernity, with many properties located in historic districts like the South End and Downtown areas. With nearby attractions like the New Bedford Whaling National Historical Park and the Buttonwood Park Zoo, these properties benefit from a strong tourist presence. Other property types available in New Bedford include Commercial Real Estate, which offers opportunities for retail and industrial development; Apartment Buildings, which cater to the city's growing population; Shopping Centers, which provide a hub for local commerce; and Hotels, which serve the city's tourist industry. Overall, New Bedford's Office Properties For Sale present a compelling investment opportunity, with a unique blend of history, infrastructure, and economic potential.
What is the average price per square foot for office properties in New Bedford?
The average price per square foot for office properties in New Bedford is $154 USD per square foot, with 8 available listings ranging in size from 10,350 square feet to 32,760 square feet, offering a diverse range of options for businesses and investors alike.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in New Bedford, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to find the right fit for your business needs.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, often attracting large corporations and professional firms.
- Class B office properties offer functional space with standard amenities, located in decent areas, and are suitable for small to medium-sized businesses and startups.
- Class C office properties are older buildings with limited amenities, often located in less desirable areas, and are typically rented by small businesses or entrepreneurs on a tight budget.
