114 Pleasant St Southbridge, MA 01550

Property Details for 114 Pleasant St

Year built

1925

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.17 lot acres

Property size

9,730 SF

Zone code

OR

Property type

Manufacturing properties

APN

SBRI M:0031 B:0039 L:00001

APU

SBRIM0031B0039L00001

Description

This exceptional 9730+ square foot commercial property, situated on a 1.17-acre corner lot in downtown Southbridge, MA, presents a unique investment opportunity. Originally a schoolhouse, it underwent a complete refurbishment in 2013 and boasts a blend of office, lab, warehouse, and flex space, ideal for a variety of uses. The building is currently configured with offices, labs, a conference room, lounge, kitchen, machine shop, and shower room, making it suitable for a range of businesses. The property includes 32 on-site parking spaces, ensuring ample parking for employees and clients. Its prime location at a busy four-way intersection with a four-way stop provides excellent visibility and high traffic counts. Convenient access to major routes (90, 395, 20, 31, and 131) further enhances its appeal. The property is zoned OR (Office/Research) and benefits from its location within an Opportunity Zone. Recent upgrades include a brand new high-efficiency HVAC system with heat pumps (installed 12/4/24), a recoated roof with a 25-year transferable silicone warranty, a sprinkler system, a security system, keyless entry, and infrared rejecting film on the windows. LED lighting has also been installed throughout. The property is sold fully furnished and equipped, with current occupancy primarily in biotech/lab uses. Importantly, there are no long-term leases in place, offering flexibility for the new owner.

Location Insight

City

Southbridge

County

Worcester

State

Massachusetts

Longitude

-72.0438

Latitude

42.0843

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments