Driftwood Realty
Chris Medeiros, Driftwood RealtyPhone: (774) 263-2128
Email: [email protected]

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listing
1 of 41
CommercialFor Sale
$1,575,000
41-43 William St
New Bedford, MA 02740
Courtesy of Lanagan & Co - Jason P. Lanagan
MLS Property Information Network
5Baths
Est. Mortgage
$8,230/mo

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.

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Information courtesy of Lanagan & Co is subject to verification and is not guaranteed.
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