Significant Price Improvement: Presenting this architecturally significant landmark in the City of New Bedford: This historic gem, known as The Thomas Building, is believed to have been constructed in 1921. Originally housing a beloved department store, it has long served as an anchor to Goulart Square and the vibrant South End community. Comprising of five storefront units, including a spacious 2500+ sqft area most recently utilized as a restaurant, this property offers diverse commercial potential. Additionally, the second and third floors boast four residential units, two four bedrooms and two three bedrooms, providing a perfect blend of work and living spaces. Situated in a neighborhood sharing the city's exciting and exponential growth, the Thomas Building is a rare property and a truly coveted investment opportunity.
Sold for $825,000 on 07/23/24
$825,000
414-430 Rivet St, New Bedford, MA 02740
14beds
15,345sqft
5-9 Family
Built in 1921
-- sqft lot
$-- Zestimate®
$54/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 23, 2024 at 09:04am
Listed by:
The Mathew J. Arruda Group,
Compass
Bought with:
Dan & Johnny Team
Kava Realty Group, Inc.
Source: MLS PIN,MLS#: 73130620
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
- Full bathrooms: 4
- 1/2 bathrooms: 3
Features
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 15,345
- Total interior livable area: 15,345 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Waterfront features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 9,853 sqft
- Features: Corner Lot
Details
- Parcel number: M:0023 L:0009,2885659
- Zoning: MUB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame, Brick
- Foundation: Other
Condition
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, University
Location
- Region: New Bedford
HOA & financial
Other financial information
- Total actual rent: 0