$799,999

39 Elm St, Southbridge, MA 01550

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon1.2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

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.

Listing Status:
Pending
Listing Office:
Byrnes Real Estate Group LLC : 833-429-7637
Listing Agent:
Benjamin Carbone : 860-382-6184
MLS ID:
73301498

This listing courtesy of Benjamin Carbone, Byrnes Real Estate Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eastford Road School

120 Eastford Rd, Southbridge, MA, 01550

Grades PK-1

0.50 miles away

S

Southbridge Academy

25 Cole Ave, Southbridge, MA, 01550

Grades 6-12

0.35 miles away

S

Southbridge Academy

25 Cole Ave, Southbridge, MA, 01550

Grades 6-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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