MA > Southbridge
Southbridge, MA 01550,338 Main St
Southbridge, MA 01550,338 Main St,Video Tour
Southbridge, MA 01550,338 Main St
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Jonathan Bombaci

Jonathan Bombaci

+1(978) 710-5616
$1,960,000
Est. payment /mo
9,216 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,216 sqft

Price per Sqft $212

MLS Listing ID 73406320

HOA Y/N false

Year Built 1907

Annual Tax Amount $10,844

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Prime mixed-use investment property in downtown with an 8% cap rate ideal for investors seeking long term stability. Zoned Center Core (CC) The building has 13 residential units on floors 2 and 3, providing steady income. The first floor includes two commercial spaces: a new 10-year lease to a convenience store and another unit available for retail. Recent upgrades include a new furnace and roof to protect your investment. Southbridge, with ~18K residents and a median income of ~$60K, supports a stable tenant base. Located minutes from the Mass Turnpike and Route 84, it offers easy access to Worcester, Hartford, Boston, Springfield, and New York. Walking distance to City Hall, restaurants, Harrington Hospital, CVS, Cumberland Farms, churches, parks, the post office, fire station & library, as well as the WRTA bus stop, with free fare to amenities throughout greater Worcester! A free municipal parking lot behind the building adds convenience. Don't miss this turnkey opportunity!

Location

State MA

County Worcester

Zoning CC

Direction Rte. 20 East through Sturbridge to Southbridge.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Rubber

Total Parking Spaces 50

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=7EeZp37MjXj

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Listed by Redfin Corp.

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338 Main St

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