39 Elm St Pending

Southbridge,MA 01550

$ 799999

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 73301498

HOA Y/N false

Year Built 1958

Annual Tax Amount $15,378

Tax Year 2024

Lot Size 1.200 Acres

Acres 1.2

Property Description

Presenting a prime investment opportunity in the heart of Southbridge, MA, located at 39 Elm St. This 20,000 square foot commercial building features 19 units with the opportunity for expansion, generating a current monthly rent roll of nearly $13,000, with a pro forma potential nearing $20,000. Key highlights include a diverse tenant mix, strong visibility, and ample on-site parking with 80 spaces. The property also offers significant redevelopment potential (buyers and buyers agent to do their own due diligence) . The surrounding area is experiencing growth, making this an ideal opportunity for both immediate cash flow and long-term strategic investment.With its combination of robust current income, substantial upside through redevelopment, and a prime location with high visibility, this property represents an unparalleled opportunity.

Location

State MA

County Worcester

Zoning CC

Direction Center of Southbridge abutting the town hall.

Exterior

Utilities Available Public Water,Public Sewer

Roof Type Rubber,Slate

Total Parking Spaces 80

Others

Senior Community false

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