248 Elm Street, Southbridge MA 01550

Southbridge, MA 01550
$450,000
$349,000
Est. $2,263/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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0.66
Acres
1890
Year Built
175
Days on Market
Sale Pending Price Drop -$101,000 Listed Mar 16, 2026 • MLS# 73487130 Copied! • Updated Sep 8, 2026

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About this home

OPPORTUNITY KNOCKS FOR THIS CENTRALLY LOCATED COMMERCIAL/INDUSTRIAL BUILDING BEING OFFERED AT A GREAT PRICE!! This building was used has a machine shop for generations. It has 2 floors with parking & a separate garage. Shop floors are reinforced for heavy equipment. There is a loading dock, elevator lift to the 2nd floor & a sprinkler system. Updates include electrical, LED lighting in the shop areas, & central air ~3 years old. There is a separate room for 2 air compressors, 4 office spaces ~ 1 is large enough for 4 desks, 3 bathrooms, & a kitchen area. EASY TO SHOW!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
22.4%
Price Range

Property Timeline

Pending Sale
Sep 8, 2026
Offer accepted, sale pending
Price Reduced
Jun 5, 2026
$349,000 $101,000 (-22.44%)
From $450,000 to $349,000 (-22.4%)
🏠
Listed for Sale
Mar 16, 2026
$450,000
Original listing
Agent: Mary Jo Demick Office: Aucoin Ryan Realty

Tax History

Year Taxes Assessment
2025 $3,584

Financial Details

Annual Property Tax
$3,584
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
Living Area 0.00
Lot Size 0.66 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $3,584
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Formally Simonds Tools. Underground Oil Tank. Measurements Of Office Spaces, Warehouses, & Shop Areas Are Approximate.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Worcester

Property Overview

Listing Type
Sale Pending
Year Built
1890
Living Area
0 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Southbridge School District local
F
School Safety 2024-25
6.0% Above Average
6.0% Suspensions 6.0% In-School
0.5% above state avg
E

Elementary Schools

3 schools
Eastford Road School
0.2 mi
368 students Diverse
Grades PK-01
Trinity Catholic Academy
0.9 mi
Grades PK-08
C-
West Street School
1.1 mi | #719 of 825 | Score: 34.5
Improved 23 spots from last year
-23.7 below state avg
324 students Moderate
Rising School
Grades 01-05
M

Middle Schools

1 school
C
Southbridge Middle School
1.8 mi | #283 of 352 | Score: 33.2
Same rank as last year
-25 below state avg
398 students Diverse
Grades 06-08
H

High Schools

2 schools
Southbridge Academy
0.5 mi
22 students Diverse
Grades 06-12
D
Southbridge High School
1.8 mi | #316 of 346 | Score: 35.1
Improved 16 spots from last year
-23.1 below state avg
404 students Moderate
12 sports • 498 athletes
Early College Program College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $299
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

248 Elm Street, Southbridge MA 01550

Southbridge, MA 01550

Listing Information

Listing Agent Mary Jo Demick
Listing Office Aucoin Ryan Realty
Office Phone 508-765-9155
Agent MLS ID K8001699
Office MLS ID K01012
Listing Data Updated Sep 8, 2026 2:18 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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