$5,000,000

About this home

ATTENTION all investors, hotel, developers & retail end users! This is a fully approved transit-oriented development (TOD) site that offers high visibility from Route 18 Here is your opportunity, directly abutting the fully operating Railroad Depot. This is a 3.16 acre site ready to be developed. It is in walking distance to the operational train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal.TODS benefit people,cities & the environment. This 3 + acre lot presents tremendous development potential for a hotel concept "The property was previously approved for hotel development, with significant entitlement work completed, offering a strong foundation for a new developer to pursue the project." .TOD development offers limited soft costs with zoning & height regulations all but waived.Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port ,a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks,shops,dining, musems & a art community

Property details

MLS #

73547308

Property type

Home

Year built

1920

Interior

17,500 ft2

Status

Active

Listed by

Boston Realty

Listed 3 days ago

Facts & features

Location