Present 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.
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Last Updated: October 16th, 2024 at 5:33am
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General Information for 39 Elm St, Southbridge, Massachusetts 01550
Property TypeCommercial Sale
Price$799,999
MLS #73301498
List Date2024-10-11
Special Listing ConditionsNo
StateMassachusetts
Street NameElm St
Unit
CitySouthbridge
Zip Code01550
CountyWorcester
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress39 Elm St, Southbridge MA 01550
Zoning
Zoning DescriptionOther (See Remarks)
Business TypeProfessional/office
Interior Features for 39 Elm St, Southbridge, Massachusetts 01550
* Approx. Living Area Total0 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 39 Elm St, Southbridge, Massachusetts 01550
* Parking Spaces80
* Year Built1958
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 39 Elm St, Southbridge, Massachusetts 01550
Buyer Agent Compensation2
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
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MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation2
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 39 Elm St, Southbridge, Massachusetts 01550
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$799,999
Lifestyle Information for 39 Elm St, Southbridge, Massachusetts 01550
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 39 Elm St, Southbridge, Massachusetts 01550
Marketing History for 39 Elm St, Southbridge, Massachusetts 01550
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Agent Information for 39 Elm St, Southbridge, Massachusetts 01550