New Bedford, MA Commercial Real Estate for Lease and Sale

Explore 11 listings of New Bedford commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Webster Bank Building

545 Pleasant Street, Monte Park, New Bedford, MA
Property

Office

50,796 SF
Availability

5 Spaces

4,954 SF
Year Built

1925
For Lease

$325.00 - $3,150.00/MO
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Times Square & Olympia Buildings

888 Purchase Street, Monte Park, New Bedford, MA
Property

Office

75,016 SF
Availability

2 Spaces

2,955 SF
Year Built

1909
For Lease

$950.00 - $2,500.00/MO
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1213 Purchase Street
Groundwork
1213 Purchase Street, New Bedford, MA
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Lockable filing cabinets

Printer

Privacy booths

TV/Monitor

White boards
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50-56 Conduit Street

50 Conduit Street, North End Mill, New Bedford, MA
Property

Industrial

80,880 SF
Availability

1 Space

1,300 SF
Year Built

1912
For Lease

$900.00/MO
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10-12 N 6th St

10-12 N 6th St, Monte Park, New Bedford, MA
Property

Office

3,150 SF
Availability

1 Space

640 SF
Year Built

1860
For Lease

$650.00/MO
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For Sale | Redevelopment Opportunity, 42,576 School in New Bedford, MA

91 Summer St, New Bedford City Center, New Bedford, MA
Property

Other

42,576 SF
For Sale Contact for pricing
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79 Brook Street

79 Brook Street, Myrtle Street - Sawyer Street, New Bedford, MA
Property

Industrial

83,884 SF
Availability

1 Space

4,000 SF
Year Built

1917
For Lease

$1,200.00/MO
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For Sale | 58 County Street, New Bedford

58 County St, Monte Park, New Bedford, MA
Property

Other

1,695 SF
Year Built

1978
For Sale Contact for pricing
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246 Union St

246 Union St, Monte Park, New Bedford, MA
Property

Retail

975 SF
Availability

1 Space

975 SF
For Lease

$1,500.00/MO
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Ashley Boulevard New Bedford

1167-1177 Ashley B l v d, Clifford, New Bedford, MA
Property

Office

4,700 SF
For Sale Contact for pricing
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174 Union Street
Union Energy Center
174 Union Street, New Bedford, MA
Services

Open Workspace

Meeting Room
Amenities

Parking
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The New Bedford commercial real estate market incorporates 141,597 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The New Bedford commercial real estate market includes 3,415 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the New Bedford market, there is a total of 164,764 square feet of industrial property.

The listing inventory in New Bedford incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in New Bedford is represented by Office space, which accounts for 8,549 square feet of available listings. Industrial space available in New Bedford adds up to 1,300 square feet.

Meanwhile, most of the listings of commercial property for sale in New Bedford are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in New Bedford is $14.07 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in New Bedford can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in New Bedford, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in New Bedford is in the Monte Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Monte Park area.

Meanwhile, retail space opportunities are most abundant in the Monte Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in North End Mill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $16.29 per square foot.

The average size of a commercial property in New Bedford depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In New Bedford, the average size of an office property is 28,320 square feet.
Retail properties here incorporate an average of 1,708 square feet.
Industrial space in New Bedford is in buildings that are, on average 82,382 square feet in size.

New Bedford, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Bedford currently add up to 10,824 square feet. The market offers 4 active office listing(s), which amount to 8,549 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 975 square feet across 2 retail space(s). Industrial space for rent opportunities in New Bedford amount to 1,300 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	8,549
Retail	2	975
Industrial	2	1,300

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in New Bedford, MA. Currently, there is 60,876 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	12,635
Retail	1	2,440
Other	3	45,801

New Bedford, MA Commercial Real Estate for Lease and Sale

Webster Bank Building

Times Square & Olympia Buildings

1213 Purchase Street

50-56 Conduit Street

10-12 N 6th St

For Sale | Redevelopment Opportunity, 42,576 School in New Bedford, MA

79 Brook Street

For Sale | 58 County Street, New Bedford

246 Union St

Ashley Boulevard New Bedford

174 Union Street

Frequently Asked Questions

New Bedford, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Bedford, MA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in New Bedford, MA?

What factors affect the price of commercial real estate in New Bedford, MA?

What is the average rent for commercial space in New Bedford, MA?

What are the best areas for commercial real estate in New Bedford, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in New Bedford, MA?

New Bedford, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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About us