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Mixed-Use Building with Basement
New
For Sale
$1,100,000

16-18 Park St, Southbridge, MA 01550

Commercial space, storage, and a renovated two-family component support multiple income-producing uses.

Property Size12,414 SF
Price / SF$91.67
Days on Market5

Property Features for 16-18 Park St

General Information

Standard status Active
Size 12,414 SF
Property subtype Commercial

Additional Details

Drive-In Doors 2

Taxes and HOA fees

Annual Taxes $7,967

Building Details

Building Size 12,414 SF
Year Built 1915
Buildings 2
Stories 1
Construction concrete block
Listing Agency: Aucoin Ryan Realty
Listed By: Brenda Ryan
Source: Classifiedrealtygroup
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aucoin Ryan Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a substantial commercial building with a separate two-family residence. The main structure measures approximately 6,000 square feet above grade and includes multiple first-floor rooms, an open lower level, a rear enclosed room, and a full basement of approximately 6,000 square feet. Two garage doors serve the main and lower levels, while four electrical panels offer flexibility for dividing the commercial area. Concrete block construction, vinyl siding, gas blower heat, and an outdoor parking area are also included. The basement is currently unheated and provides storage capacity for vehicles, boats, and materials.

The residential component contains two units, each with four rooms and two bedrooms, and was renovated in 2018. The property is located at 16-18 Park Street in Southbridge, Massachusetts. Its combination of commercial floor area, basement storage, loading access, and residential units provides a varied physical configuration for an owner-user or investor.

Key Highlights

  • Approximately 6,000 SF main building plus 6,000 SF full basement
  • Two‑family residence with 2 bedrooms per unit
  • Renovated in 2018

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 01550, MA

17,740
Population
7,644
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
82%
High-School Grad
20.2 sq mi
ZIP Area
878
Density / Sq Mi
$59,397
Median Household Income
$41,365
Median Earnings
$1,157
Median Rent
$267,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space, storage, and a renovated two-family component support multiple income-producing uses.
Where is this mixed-use property located?
The property is located at 16-18 Park St Southbridge, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 6,000 SF main building plus 6,000 SF full basement; Two‑family residence with 2 bedrooms per unit; Renovated in 2018
More about this property
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