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Downtown Southbridge Mixed-Use Building

318 Main St Southbridge, MA 01550

318 Main St, Southbridge, MA, 01550
Contact for pricing
For Sale
Contact for pricing

Investment opportunity: 15-unit building with storefronts in revitalizing downtown.

Property Size20,000 SF
Price / SF$27.50
Days on Market645

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 Agency Worcester Multi
Listed by Brian Allen · License #MA 9583389
Source Crexi
Added: Oct 15, 2024 Updated: Jul 10 at 3:41 pm Checked: Jul 20 at 3:46 am

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 Worcester Multi


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Opportunity to build a 15‑unit building in downtown Southbridge.
  • Located in an opportunity zone.
  • Registered as a historical building, offering potential tax credits.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Parking Lot & Garage Bakery Furniture & Home Goods Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
(508) 868-0927 Call to check price and availability
More about this property
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