879 Southbridge St, Auburn, MA 01501
For Sale
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This exceptional 3.5-acre corner lot in Worcester County presents a unique build-to-suit opportunity. Located at a signalized intersection on Route 12/20, this property boasts unparalleled visibility and accessibility, with daily traffic counts exceeding 35,000 vehicles. Its strategic location less than a mile from the Route 290/395 interchange and 1.3 miles from the Mass Pike ensures convenient access for commuters and customers. The flat lot, featuring all utilities, is ideal for a variety of commercial uses, including mixed-use retail with drive-thru capabilities, medical facilities, or multifamily developments. The site's history as a landmark restaurant for over 65 years adds to its established presence within the community. Further enhancing its appeal, over 600 multi-family housing units are currently under construction across the street, creating a burgeoning residential population. This prime location offers significant potential for developers seeking a high-traffic, highly visible site with excellent connectivity to major roadways. The property was built in 1967 and is currently available for lease as a single-tenant space. This is a rare opportunity to develop a thriving commercial venture in a rapidly growing area.
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Royal Image Barber Shop
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
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.