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    385 Southbridge St Auburn, MA 01501

    Sponsored
    For Lease
    Contact for pricing

    Massive 165,120 SF Retail Building Available

    Lot size:
    165,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 385 Southbridge Street in Auburn, Massachusetts, presents a unique opportunity for a single-tenant user. The building boasts a substantial 165,120 square feet of vacant space, offering significant flexibility for a wide range of retail concepts. Situated in Worcester County, this property benefits from its prominent location in Auburn, zip code 01501, with convenient access to major transportation routes. The entire building is available for lease, providing an unparalleled opportunity to establish a large-scale retail presence. The property's size and layout offer significant potential for customization to meet the specific needs of a prospective tenant. This is a rare chance to secure a substantial, single-tenant retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Given the significant square footage, this property is ideal for businesses requiring a large footprint for inventory, operations, or expansive retail display. The address is 385 Southbridge Street, Auburn, MA, and the property is classified as retail. The property's geographic coordinates are latitude 42.2024925 and longitude -71.8352676. This is a single-tenant occupancy building. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 385 Southbridge St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    165,120 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    165,120 SF

    HighLights

    • 165,120 SF former Sears anchor space available.
    • Strong co‑tenancy including Macy's, Ashley Furniture, Famous Footwear, Five Below, and LensCrafters.
    • Standalone auto center building available.
    • Convenient I‑90 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auburn Mall Shopping Mall Macy's Children'S Clothing Store LensCrafters Optometrist Otaku Sekai Cafe Cafe Instant Jewelry Repair Jewelry Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8352676
    Latitude
    42.2024925

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    FAQs

    What type of property is this?
    Retail property - Massive 165,120 SF Retail Building Available
    Where is this retail property located?
    The property is located at 385 Southbridge St Auburn, MA.
    What are key features of this property?
    This property features: 165,120 SF former Sears anchor space available.; Strong co-tenancy including Macy's, Ashley Furniture, Famous Footwear, Five Below, and LensCrafters.; Standalone auto center building available.
    Request Owner's contact information
    385 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
    385 Southbridge St Auburn, MA 01501
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