318 Main St Southbridge, MA 1550
Investment opportunity: 15-unit building with storefronts in revitalizing downtown.
Type:Mixed Use, Multifamily
Property size:
20,000 SFPrice / SF:
$27/SF- Added:
- Oct 15, 2024
- Days on Market:
- 554
- Last Refresh:
- Mar 19 at 8:56 pm
Property Features for 318 Main St
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Property subtype
- Mixed Use, Multifamily
Building Details
- Year Built
- 1867
Listing agent Brian Allen License #MA 9583389
Listing office Worcester Multi
Listing date Oct 15, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Worcester Multi
Overview
Downtown Southbridge Mixed-Use Building
This is an investment opportunity to develop a 15-unit building in downtown Southbridge. The brick building includes two storefront units on the first floor, with an additional 13 residential rental units above and behind. The property is located in an opportunity zone and is registered as a historical building, offering potential historical tax credits. The building is situated in the downtown area of Southbridge, which is currently undergoing revitalization. The building is being sold "AS-IS". The building department has indicated that this is BP only and no zoning is required. The property size is 20000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Southbridge
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.0341673
- Latitude
- 42.0756895
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Investment opportunity: 15-unit building with storefronts in revitalizing downtown.
Where is this mixed-use property located?
The property is located at 318 Main St Southbridge, MA.
What is the asking price?
The asking price for this property is $549,988.
What are key features of this property?
This property features: Opportunity to build a 15‑unit building in downtown Southbridge.; Located in an opportunity zone.; Registered as a historical building, offering potential tax credits.
