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    Southbridge, MA Storefront Properties for Sale

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    Mixed-Use Property with Large Parking
    Updated: Jun 11
    Mixed-Use Property with Large Parking

    166 Mechanic St, Southbridge, MA 01550

    $780,000
    5,733 sqft 0.28 AC lot
    Built in 1900, this mixed‑use property combines residential units, a commercial storefront, and a warehouse/workshop component
    Includes 4 fully updated residential units with four rentable 2‑bedroom apartments on the upper floors
    Prime, fully updated commercial storefront as part of the mixed‑use setup
    Huge paved parking lot, roughly the size of a half football field, suited for commercial vehicles or tenant parking
    Warehouse section converted into a climate‑controlled, fully finished 2‑room suite with a full kitchen and full bath plus its own mini‑split system
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    This listing looks promising.

    Here's a quick look at some key insights for

    166 Mechanic St, Southbridge, MA 01550

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $67K
      Annual

    • Mortgage

      $48K
      Jan 2014

    • Last Sold

      Apr 2024
      $420K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1900
    View Property Analytics
    Mixed-Use Income Property with Warehouse
    Updated: Jun 18
    Mixed-Use Income Property with Warehouse

    166 Mechanic St, Southbridge, MA 01550

    $780,000
    14,500 sqft
    14,500 SF mixed‑use building built in 1900 with 4 updated residential units plus a commercial storefront
    Warehouse/workshop component includes a climate‑controlled, fully finished 2‑bedroom suite with full kitchen and full bath
    2‑bedroom suite has its own mini‑split system and can serve as an owner‑occupant setup or a manager’s office
    Huge paved parking lot roughly the size of a half football field for commercial vehicles or tenant parking
    Upper floors feature four rentable 2‑bedroom apartments, plus extra storage rooms on the top floor
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    Mixed-Use Property with Commercial Unit
    Mixed-Use Property with Commercial Unit

    33 Crystal St, Southbridge, MA 01550

    $699,900

    Three residential units plus a commercial unit for sale.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Southbridge, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Brick Building with Parking
    Mixed-Use Brick Building with Parking

    122 Elm St, Millbury, MA 01527

    $775,000
    4,048 sqft 0.52 AC lot

    Three-unit building with ground-floor salon space, two apartments above, and a large rear parking lot.

    View details
    Retail Storefront with High-Volume Frontage
    Retail Storefront with High-Volume Frontage

    632 Park Ave, Worcester, MA 01603

    $1,475,000
    5,479 sqft

    Retail storefront on a heavily traveled corridor at Park Avenue and Main Street with signage visibility and steady daily traffic.

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    Freestanding Retail Building with Parking
    Freestanding Retail Building with Parking

    1485 Grafton Rd, Millbury, MA 01527

    $1,700,000
    8,700 sqft 0.63 AC lot

    Freestanding retail space with ADA access, a loading dock, and ample parking on a sizable lot for owner-occupants or developers.

    View details
    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    23 Millbury Street, Worcester, MA 01610

    Contact for pricing
    18,000 sqft

    Two retail storefronts and nine apartments in one mixed-use property, with resident laundry hookups and recently replaced roofs.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in High-Traffic Location
    Commercial Land in High-Traffic Location

    1003 Victory Highway, North Smithfield, RI 02896

    $200,000
    0.62 AC lot

    0.62-acre lot in a high visibility location.

    View details
    Commercial Property in Albion, Lincoln
    Commercial Property in Albion, Lincoln

    119 Main Street, Lincoln, RI 02876

    $365,000
    0.37 AC lot

    Commercial property in Lincoln, RI with high visibility.

    View details
    Commercial Land Near Shopping Plaza
    Commercial Land Near Shopping Plaza

    373 Eddie Dowling Highway, North Smithfield, RI 02896

    $349,900
    0.28 AC lot

    Commercial land with high traffic count near Dowling Village.

    View details
    Prime Commercial Pad Site Opportunity
    Prime Commercial Pad Site Opportunity

    395 Hartford Tpke, Vernon, CT 06066

    Contact for pricing
    0.66 AC lot

    Highly visible commercial pad site on heavily traveled Route 30.

    View details

    Southbridge, MA Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Southbridge, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,233 square feet of properties for sale, with an estimated market value of $1,560,000.

    Sale prices for retail units in Southbridge, MA start at $780,000, averaging $780,000, and reaching up to $780,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 3
    Storefront properties 3
    Grocery and convenience stores 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $59,397
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Southbridge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01550 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $15.98 per SF
    Tax Rate vs County Average 0.28 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Total CRE Inventory on Market (SF)

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