Property profile

176 Main St Southbridge, MA 01550

OFF-MARKET
Investment properties
Property ID
US38-0209320
22,987 SF 2.09 ac lot Built 1954
Entity Owned 3-yr Hold
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1954
Construction FRAME
Total area 22,987 SF
Lot 2.09 ac (91,040 SF)
Zoning code CC
APN SBRI M:0036 B:0006 L:00001
UPID US38-0209320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architect
  • Restaurant
  • Nail Salon
  • Dental Office
  • Insurance Agency

Location

176 Main St Southbridge, MA 01550-2561
Southbridge metro Census 757200 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.46M
CAP Approach CAP
$3.19M
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2022
Last sale
$2.9M
7 recorded transactions
2022
$2.9M
2014
Price N/A
2013
$3,577
2009
$880,000
2007
Price N/A
2005
$1
1999
Price N/A

Zoning & alternative use

CC · Southbridge, MA
Zoning description

he event that any permitted use is subject to a threshold under Section 2.6 , no building permit or determination of zoning compliance shall be issued without an approved site plan. Table 1 Schedule of Uses Use R1 R2 R3…

General category UNKNOWN
Top alternative use upside
Retail stores $3.6M +143.8%
Auto repair, garage $3.5M +138.3%
Office building $3.1M +111.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 176 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message