476 Worcester St, Southbridge, MA 01550-1381
This exceptional commercial property, situated at 476 Worcester Street in Southbridge, MA, presents a unique opportunity for a variety of businesses. Boasting a prime location on Route 169 with a high daily traffic count of 5100 vehicles, this property offers unparalleled visibility and accessibility. The building itself features a newly renovated interior encompassing 2144 square feet of bright, open space, ideal for office or retail use. High-quality construction materials were used throughout the renovation. Two modern bathrooms and a separate room with a built-in tub add to the functionality. The property also includes a spacious lower level with a clean concrete floor and finished ceiling, available for lease by the owner. Access is provided by two entry doors and a garage door. The half-acre lot allows for ample parking and potential outdoor storage. Zoning permits a wide range of uses, including outdoor storage of equipment, distribution facilities for various supplies, and businesses such as builders, carpenters, caterers, electricians, masons, and painters. This versatile property is ready for immediate occupancy and offers significant potential for growth and success. Further details regarding permitted uses are available upon request.
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
Property description
Physical attributes from public recordsZoning & alternative use
OR · 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.