Property profile

25 Elm St Southbridge, MA 01550

FOR SALE
Office buildings
Property ID
US38-1430167
9,536 SF 0.32 ac lot Built 1832
Entity Owned 29-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,536 square foot office building, situated on a 0.32-acre lot at 25 Elm Street in Southbridge, Massachusetts, presents a unique investment opportunity. Built in 1832 and listed on the National Register of Historic Places in 1989, this two-story, single-tenant traditional office building boasts a rich history. The property features a wood frame with brick siding and an asphalt shingle and rubber membrane roof. Heating is provided by both forced hot air oil and steam heat oil systems. The building is equipped with central air conditioning and an 800-amp main electrical service. Two ADA-compliant bathrooms serve the space. A single tailgate-height loading dock is conveniently located. A partial, unfinished basement offers additional storage potential. The property is zoned Central Core (CC) and benefits from its prominent location just south of downtown Southbridge, facing the Elm Street Fire House. This owner-user opportunity offers a blend of historical charm and functional office space, ideal for a discerning buyer seeking a unique and established presence in the Southbridge market. The building's historical significance, combined with its functional layout and central location, makes it a truly remarkable property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1832
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,536 SF
Lot 0.32 ac (13,939 SF)
Zoning code CC
APN SBRI M:0047 B:0212 L:00001
UPID US38-1430167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Publishing House
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine

Location

25 Elm St Southbridge, MA 01550
Southbridge metro Census 757300 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 1997
3 recorded transactions
2011
Price N/A
1997
$190,000
1991
Price N/A

Zoning & alternative use

CC · Southbridge, MA
Zoning description

he event that any permitted use is subject to a threshold under Section 2.6 , no building permit or determination of zoning compliance shall be issued without an approved site plan. Table 1 Schedule of Uses Use R1 R2 R3…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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