Mattapoisett, MA Commercial Real Estate for Sale and Lease

With a population of 6,045 living on 17.4 square miles of land and next to 6.8 square miles of water, this city is dominated by its relationship to water, and subsequently offers developers the opportunity to create mixed-use projects that make the most of the close-knit, maritime culture. Located on a harbor in Plymouth County, the majority of the town is within walking distance of the water, with vast tracts of undeveloped land further inland. Located 60 miles south of Boston and 38 miles away from Providence, Rhode Island, the city is highly accessible by both Route 6, which is the major thoroughfare through the Cape Cod region, and Interstate 195.

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In addition to a thriving wharf with numerous sailing opportunities, the area has several lovely green spaces, including the Nantucket Bay State Reservation, the Reservation Country Club, The Bay Club, and the Conservation Comm Property. Residents enjoy strolling along the banks of the Mattapoisett River, which leads to the harbor. Because it is so easily accessible by major automobile routes, the town’s public transit presence is minimal. The MBTA Commuter Rail line does not have a stop in town, and bus service is provided by the neighboring city of New Bedford.

The community within this small town hosts a series of local festivals and craft fairs, including “Lobsterfest” during the summer. Currently, the area does not have a major supermarket within its city limits, leaving it open to potential innovative development.

As mentioned before, there is an exceptional amount of undeveloped land inland from the waterfront. The 0.47 acre parcel at 57A Bay Club Drive is located off Route 195 near the Bay Club. Features include a view of the pond. The parcel is currently zoned for residential construction, and has a sale list price of $329,000.

Office Space Market

Office spaces are rare in this town, which makes it an ideal location for a dynamic investor to create a new project that could service this market. Although there are numerous single family residential homes for sale in the area, many of them with beach front property, freestanding office space is simply not readily available. The property at 34 Barstow Street Unit 2A-3 is an exception to this trend. The building, which was built in 1988, has 232 square feet of office space available with a wooden built-in desk that features floor to ceiling cabinets, and a window that looks out onto the street. Located next to a 10 space parking lot in downtown, the estimated rent for this property is $1.08 per square foot per month.

The two story structure at 109 Fairhaven Road has 1,595 square feet on the ground floor and 243 square feet on the second floor available. These spaces were previously occupied by a law office, and are located next to an area with 15 parking spaces. Easily accessible to the Interstate, the spaces are connected by a staircase with a wood-lined banister and feature private offices that open out into a large central workspace. The estimated rent for this property has not been disclosed.

Retail Space Market

Small, centrally located spaces tend to dominate the retail market in this area, providing an opportunity for developers to create larger developments. The property at 89 County Road is located near the downtown on a 0.16 acre lot. Built in 1950, the structure has both a workspace and a separate office space in the style of a service station or automotive repair shop. However, the structure is adaptable to specific tenant needs, and could easily be transformed into a different business altogether. With 1,338 square feet, this one story building is located off Route 6, and has a sale list price of $199,000. Those investors who would prefer to lease the space have the option to do so at $1.50 a square foot per month.

Mattapoisett Center has a variety of small storefronts that are occupied by long-term tenants. Investors are advised to carefully monitor the listings in this area for openings and potential sales.

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