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    879 Southbridge St Auburn, MA 01501

    Sponsored
    For Sale
    $3,000,000

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.5-acre commercial property in Auburn, Massachusetts, is strategically located at a signalized intersection on Route 12/20. Boasting impressive daily traffic counts exceeding 35,000 vehicles, this prime location offers unparalleled visibility and accessibility. The flat lot, built in 1967, is equipped with all utilities and enjoys a prominent position at a vital junction connecting multiple communities. For over 65 years, the site served as a landmark restaurant location. The property's potential is further enhanced by the proximity to a new neighborhood currently under development, featuring over 600 multi-family units with direct road access across the street. This presents a unique opportunity for retail, medical, multi-family, or other commercial ventures seeking a high-visibility location with significant growth potential. The asking price is $3,000,000. The property's location in Worcester County, zip code 01501, ensures easy access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area.

    Property Features for 879 Southbridge St

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    Building Details

    Year Built
    1967

    HighLights

    • Established landmark restaurant site, operating for 65+ years.
    • Level lot with complete utilities.
    • Less than one mile from Route 290/395 interchange and 1.3 miles to the Mass Pike.
    • Adjacent to a new neighborhood with 600+ multi‑family units and direct access.
    • Excellent site for retail, medical, multifamily, and other commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Royal Image Barber Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8749325
    Latitude
    42.1753235

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at 879 Southbridge St Auburn, MA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Established landmark restaurant site, operating for 65+ years.; Level lot with complete utilities.; Less than one mile from Route 290/395 interchange and 1.3 miles to the Mass Pike.
    Request Owner's contact information
    879 Southbridge St Auburn, MA 01501
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    Auburn, MA 01501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    879 Southbridge St Auburn, MA 01501
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