Property profile

344 Main St Southbridge, MA 01550

OFF-MARKET
Investment properties
Property ID
US38-2493480
17,919 SF 0.28 ac lot Built 1870
Entity Owned 3-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Construction FRAME
Total area 17,919 SF
Lot 0.28 ac (12,197 SF)
Zoning code CC
APN SBRI M:0035 B:0035 L:00001
UPID US38-2493480

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
  • Restaurant

Location

344 Main St Southbridge, MA 01550-3727
Southbridge metro Census 757300 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.54M

Owner & transaction history

since 2023
Last sale
$5.3M
7 recorded transactions
2024
Price N/A
2023
$5.3M
2021
Price N/A
2021
Price N/A
2015
$450,000
2004
Price N/A
2004
$1

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
Restaurant $3.4M +192.9%

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
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