194 R Riverside Ave

New Bedford, MA 02746

$1,600,000
Price
—
Beds
—
Baths
26,910 Sq. Ft.
$59 / Sq. Ft.
26,910
Sq. Ft.
$59
per Sq. Ft.
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Description

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....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.
  1. Listed by Jason P. Lanagan • Lanagan & Co

Property Details for 194 R Riverside Avenue

Town
New Bedford
MLS Area
North
Area
MA-New Bedford-North, MA-New Bedford
Garage Spaces
0
Open Parking Spaces
60.00
Parking Spaces Total
60
LISTING UPDATED: 05/21/2026 08:02 AM

Property Details for 194 R Riverside Avenue

StatusActive
MLS #73519513
Days on Market38
Taxes$17,371 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1925
CountyBristol County
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Location

Listing Courtesy of Lanagan & Co, Jason P. Lanagan
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Building Information for 194 R Riverside Avenue

Stories2Residences25Year Built1925Building Size-Lot Size2.91 AC / 126,759 SF

Payment Calculator

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$9,421 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,973

Property Taxes

$1,448

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 194 R Riverside Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 26910.0
  • SqFt with Basement: No
  • Total Units: 25
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Full Baths: 0
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Lot Description: Easements
  • Roof Material: Rubber
  • Waterfront Features: Waterfront, River
  • Waterview Features: Public, Walk to
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Disclosures: Neither Seller or Listing Agent make any representations as to the accuracy of any information contained herein. Any boundary lines depicted are for illustration only. Buyer/Buyer Agent must conduct their own due diligence,verification(s) and research and rely solely on the results thereof.
Tax Information
  • Tax ID: M:0105 L:0183,2900208
  • Assessments: $760,200
  • Book: 10970
  • Tax Year: 2026
  • Zoning: (IB)
Building / Association Information
Living Characteristics
  • Beds Total: 0
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Granite, Slab
  • Levels: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: N
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 0
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 194 R Riverside Avenue

DateEvent & SourcePriceAppreciation
May 14, 2026

Listed (Active)

MLS PIN #73519513

$1,600,000—
Jan 14, 2009

Sold (Public Record)

Public Record #261656092

$25,000—
DateEvent & SourcePrice
05/14/2026

Listed (Active)

MLS PIN #73519513

$1,600,000
01/14/2009

Sold (Public Record)

Public Record #261656092

$25,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 194 R Riverside Avenue

Taxable ValueLand$455,100Additions$305,100Total$760,200
Tax Record2025$17,371 ($1,448 / month)
Home Facts
Total Finished SqFt27,280 SqFtAbove Grade Finished SqFt27,280 SqFtStories2Lot Size126,760 SqFtStyleWarehouseYear Built1925ZoningIBCountyBRISTOLAPNNWBF M:0105 L:0183

Schools near 194 R Riverside Avenue

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Abraham Lincoln Elementary School
Public - K to 5
Normandin Middle School
Public - 6 to 8
New Bedford High School
Public - 9 to 12
Renaissance Community School For The Arts
Public - PK to 5
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 5

Normandin Middle School
Public6 to 8

New Bedford High School
Public9 to 12

Renaissance Community School For The Arts
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 194 R Riverside Avenue, New Bedford, MA 02746

194 R Riverside Avenue is a multi-family home for sale in New Bedford, MA 02746. This property was listed for sale on May 14, 2026 by Lanagan & Co, it's currently listed at $1,600,000. It has been on the market for a total of 38 days and was last sold on January 14, 2009. This listing's school district is New Bedford School District. Nearby schools include Abraham Lincoln Elementary School, Normandin Middle School and New Bedford High School. 194 R Riverside Avenue is a 0-bed, 0-bath, 26,910 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lanagan & Co, Jason P. Lanagan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.