338 Main St, Southbridge MA 01550
About this home
Motivated seller - all reasonable offers considered. Prime downtown mixed-use investment property with an 8% cap rate ideal for long term stability. Zoned CC in a designated Opportunity Zone with both capital gain & historic tax credits. Exceptionally maintained, including new roof & furnace. First floor includes two commercial spaces: a new 10-year convenience store lease & an available 539 SF vanilla box. 13 fully occupied market-rate residential units on floors 2 & 3 provide steady income. Adjacent to a free municipal parking lot. Walking distance to local amenities as well as the WRTA bus stop with free fare throughout the entire greater Worcester region! Southbridge supports a stable tenant base with ~18K residents & a median income of ~$34K. Located minutes from I90 & I84 with easy access to Boston & NYC. Don’t miss this exceptional opportunity!
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338 Main St, Southbridge MA 01550
Southbridge, MA 01550
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Listed for Sale
Jul 17, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/17/2025 | 🏠 Listed for Sale | $1,960,000 | - | - | Original listing |