Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.
Acushnet Ave-Belleville Road, located between Acushnet Avenue and Belleville Road, is a residential and commercial New Bedford neighborhood with a working-waterfront edge and a grid of side streets lined with triple-deckers. The neighborhood’s character concentrates around the Acushnet Avenue corridor near Belleville Road, where corner markets, barbershops, takeout counters, and small storefronts keep the sidewalks active. Housing reads as classic South Coast: wood-frame multifamilies, compact lots, and occasional brick civic buildings. Buttonwood Park and Zoo adds broad lawns and a daily walking loop. Whaling City Golf Course brings open fairways to the eastern edge. Downtown’s Zeiterion Performing Arts Center and the New Bedford Whaling Museum sit close by for culture and events.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Has waterview with public river views and walk-to access
Exterior features
Waterfront property on a river
Private road frontage
Easements on the lot
Home design
5–9 family multiunit property
2 stories
Parking
60 off-street parking spaces
Construction
Brick construction
Granite and slab foundation
Rubber roof
Built circa (approximate per public records)
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Bristol County
APN
M:0105 L:0183,2900208
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Bedford, MA • 02746
Average low and high temperatures (°F)
36
23
37
23
49
34
57
41
66
52
78
61
81
66
78
60
73
57
64
47
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in New Bedford. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
12.7 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 194-R Riverside Ave
There isn’t enough information to generate an accurate estimate at this time. Learn More