NEW BEDFORD, MA– Coastal Commercial Real Estate is pleased to announce the successful Sale of a commercial building and bar/tavern at 1367 – 1369 Purchase Street, New Bedford, MA on October 14, 2022.

Built in 1910, this landmark property with 2,784 SF has gone through incredible renovation, complete with new steel supports, heating, electrical, roof, siding, deck, 2 ADA compliant bathrooms & beautiful bar and kitchen. The 2nd level featured a spacious 2-bedroom apartment and an unfinished unit on the 3rd level.

On the first floor is the famous Dipper Café, serving patrons since 1930 in New Bedford with the city’s first liquor license issued.

The newly renovated bar occupies 1,662 SF with 2 bathrooms and a kitchen area.

The bar is complete with a draft system, coolers, sinks, and storage. The seating capacity is 54 with booth and counter seating available. For entertainment there is a juke box, pool table, and a dart board (league) set up. There is plenty of on-street parking.

This property sits overlooking the New Bedford Harbor, and offers convenient access to main bus stops, the future MBTA Commuter Rail Station, Martha’s Vineyard/Nantucket Ferry Terminal, and all the amazing amenities Downtown New Bedford has to offer.

Kevin A. Nery, CBB, LCBI, M&AMI, President of The Nery Corporation, dba Coastal Commercial Real Estate/Coastal Business Brokers represented the Seller, WFT Realty Associates. The Buyers were Superior Entertainment Group, LLC.

The sales price and terms were undisclosed.