0 Main Canal And Pleasant St Southbridge, MA 01550
This exceptional 1.14-acre commercial land parcel presents a unique development opportunity in the heart of Southbridge, Massachusetts. Located at the intersection of Main, Canal, and Pleasant Streets, this property boasts high visibility and accessibility due to its Main Street frontage and proximity to a signalized intersection. The site is zoned RB & M, offering flexibility for a variety of commercial uses. Existing infrastructure is in place, including readily available public utilities and paved access, making development seamless and cost-effective. The asking price is $395,000, translating to approximately $346,491 per acre. This prime location is situated within Southbridge's main shopping area, surrounded by a thriving mix of retail, commercial, restaurant, and automotive service businesses, ensuring high traffic counts and excellent potential for attracting customers. The property's strategic location and readily available infrastructure make it an ideal investment for developers seeking a high-impact commercial project in a bustling and established commercial district. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial lot in a vibrant Massachusetts town. The property's size and location offer significant potential for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.