37 Hook St Southbridge, MA 01550-3773
Exceptional commercial opportunity awaits at 37 Hook Street, Southbridge, Massachusetts. This 6,836 square foot building presents a versatile space ideal for a variety of businesses. Currently operating as an oil company facility, the property offers significant potential for repurposing to suit diverse operational needs, including energy, logistics, or distribution. Its strategic location within a thriving commercial district ensures high visibility and convenient access to major roadways. The well-designed layout incorporates both office space and extensive storage areas, complemented by two loading docks for efficient handling of goods. Built in 1896, the property benefits from ample parking and all essential utilities, ensuring immediate operational readiness. The building is currently 100% occupied under a gross lease with a single tenant. This presents a compelling investment opportunity in a growing community with a robust business presence. The property is located in Worcester County, MA, zip code 01550.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
CC · Southbridge, MASouthbridge. Always verify with local authorities before improvements.
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.