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Property profile & analytics

78 Pleasant St Southbridge, MA 01550-1106

  • Investment properties
  • 3,500 SF
  • 0.28 lot acres
OFF-MARKET
Value Estimation
$260,000
Location Intelligence
Property ID
US38-0093991
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 78 Pleasant St

Year built
1900
Construction
FRAME
Lot size
0.28 lot acres
Property size
3,500 SF
Zone code
OR
Property type
Investment properties
Property subtype
Live-work space
APN
SBRI M:0034 B:0124 L:00001
APU
SBRIM0034B0124L00001

Description

This exceptional Southbridge, MA property presents a unique investment opportunity, boasting a prime location in one of the town's busiest areas, just off Main Street and minutes from the downtown core. The 0.28-acre lot houses a building currently operating as a thriving bar and restaurant on the first floor, offering high visibility and easy access to major roadways, including Routes 90 and 84. This established business provides immediate income potential, with the option to continue its current operation or explore alternative commercial ventures. The second floor comprises a residential unit, consistently occupied by long-term tenants, generating additional rental income. This dual-income stream makes this property an attractive investment for those seeking both commercial and residential returns. The building's location also presents the potential for a riverside patio or outdoor dining area, enhancing the appeal and functionality of the first-floor commercial space. The property's strategic location and versatile layout offer limitless possibilities for expansion, new ventures, or simply securing a piece of prime real estate in a thriving community. The asking price is $375,000. The square footage is not currently available.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $255,000
  • CAP approach

    CAP return
    Estimation
    6%
    $255,000
    6.5%
    $235,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $250,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $295,000
    Retail
    $240,000
    Mixed-Use
    $235,000
    Hospitality
    $215,000
    Educational
    $230,000
    Residential Income
    $255,000
    Energy
    $215,000
    Income-Based Land
    $270,000
    Food Service
    $245,000

Location Insight

  • Map
  • Local Demand
City
Southbridge
County
Worcester
State
Massachusetts
Longitude
-72.0448
Latitude
42.0836
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,340
$40,900
$178,000
$218,900
-
$0.00
$0.00
$0.00
More about this property
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