56-62 N Water St New Bedford, MA ^$ 4,500,000

56-62 N Water St

^$ 4,500,000

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56-62 N Water St

New Bedford, MA, 02740

^$ 4,500,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 28,074

56-62 N Water St, New Bedford, MA 02740 - Image 1

Commercial Property for sale in New Bedford, MA

for $4,500,000. This building was built in 1831 on a lot size of 0.12.

Your opportunity to own New Bedford's most iconic historical property. Built circa 1831 and known as the Double Bank Building, it is currently arranged as office space. High ceilings coupled with large open areas trimmed in beautiful dark wood and etched glass, present many uses including retail and gallery space. There is external access to the lower level and second floor allowing for tenanting. This trophy property is located in the center of New Bedford's Historic District in the National Park and across from the New Bedford Whaling Museum. Located in the Opportunity Zone.

Commercial Active

Price

^$ 4,500,000

Property Type

Commercial

Taxes

^$ 21,673

Style

Commercial

Lot Size

0.12

Year Built

1831

Town/City

New Bedford

County/Region

Bristol

MLS | Web ID

73414933

List By

E. Jeffrey Pontiff

Listing Agent

E. J. Pontiff Real Estate

Broker

Affordability Calculator

$29,880

Per Month

Monthly Principal & Interest: $28,074
Monthly Property Taxes: $1,806
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in New Bedford, MA

Average List Price ^$1,242,815

Percent of Sale Price 72%

About New Bedford, MA

97,216 Population

4% Since 2002

^$38,714 Median Income

38.73 Median Age

28% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
8/7/2025	$4,500,000		Listed Price

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56-62 N Water St, New Bedford, MA, 02740 is a Commercial Property for sale at $4,500,000 with a lot size of 0.12. 56-62 N Water St was built in 1831. The property's zip code is 02740 which is in New Bedford, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/20/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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56-62 N Water St

Commercial Property for sale in New Bedford, MA

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