39 Elm St Pending Save Request In-Person Tour Request Virtual Tour
Southbridge,MA 01550
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73301498
Year Built 1958
Annual Tax Amount $15,378
Tax Year 2024
Lot Size 1.200 Acres
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
Exterior
Utilities Available Public Water,Public Sewer
Roof Type Rubber,Slate