New Bedford Orpheum Theatre Building for Sale
The building housing New Bedford's long-closed Orpheum Theatre has hit the real estate market again.
To many of the people who pass it every day, the property might e considered an eyesore requiring serious investment — a buyer with money to spend and a good imagination about what this unique piece of real estate not far from downtown could be used for.
The building has been put up for sale over the years with no real bites, but this time "the market is low on retail inventory," according to Anna Faria, an agent with RE/MAX Vantage, which has offices in Dartmouth and Fairhaven.
The listing for the property went on Facebook the morning of March 27:
#NEW Unique opportunity for investment in retail/warehouse space 16,385 sq.ft. on 1st floor. The 2nd floor is a theater built in 1912, previously an opera house. Open your imagination and creativity.
The theatre portion might not be resurrected to its former glory, but if that happened, it would be close to restaurants such as Alianca, Cisco and Inner Bay for some pre- or post-show eats and cocktails.
The listing price for the 1005 South Water St. building is $599,900. More information is available by calling Faria at 508-971-2949
What do you think would be the perfect next chapter for the Orpheum building? Restaurant? Revamp the theatre itself? Knock it down for more parking?Apartments or condos?
While you're thinking, check out these eerie photos from inside the Orpheum, a theatre frozen in time, shut off from the rest of the world.