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437 Main St, Southbridge MA 01550

Southbridge, MA 01550
$1,250,000
$349,000
Est. $3,783/month
1.5
Baths
8,476
Sq Ft
$41
Price/Sq Ft
0.33
Acres
1843
Year Built
135
Days on Market
Active Price Drop -$901,000 Listed Feb 25, 2026 • MLS# 73480011 Copied! • Updated Jun 24, 2026

About this home

Attention developers, investors and visionaries! Exceptional adaptive reuse opportunity in the heart of downtown Southbridge. This prominent 8,476± square foot building is offered at just $349,000, approximately $41 per square foot, presenting an attractive basis for redevelopment or owner occupancy. Located within the Central Commercial District, the property offers potential for multifamily housing, condominiums, artist lofts, live/work spaces, office use, educational facilities, community services, or continued religious use, subject to municipal approvals. Features include expansive open areas, high ceilings, abundant natural light, multiple entrances, and existing public water, sewer, natural gas, and electric utilities. Conveniently situated near restaurants, shops, municipal services, and major routes. A unique opportunity to reposition an underutilized asset into an income-producing property with significant upside potential. Buyers to perform their own due diligence regarding

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

3
Price Changes
72.1%
Price Range

Property Timeline

Price Reduced
Jun 17, 2026
$349,000 $130,000 (-27.14%)
From $479,000 to $349,000 (-27.1%)
Price Reduced
Apr 16, 2026
$479,000 $320,000 (-40.05%)
From $799,000 to $479,000 (-40.0%)
Price Reduced
Mar 9, 2026
$799,000 $451,000 (-36.08%)
From $1,250,000 to $799,000 (-36.1%)
🏠
Listed for Sale
Feb 25, 2026
$1,250,000
Original listing
Agent: Debra L. Lovelace Office: Churchill Properties

Tax History

Year Taxes Assessment
2025 $21,818 $1,488,000

Financial Details

Annual Property Tax
$21,818
Tax Year 2025
Assessed Value
$1,488,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1843
Living Area 8,476 sq ft
Lot Size 0.33 acres
Full Baths 1
Half Baths 1
Total Rooms 8

Investment Metrics

Units 1
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Finished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $21,818
Assessed Value $1,488,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Property Is Currently A Church. 1, 695 Sq/ft Unfinished Basement
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Other
Documents None
County Worcester
Total market time (incl. prior listings) 119 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1843
Full Bathrooms
1
Half Bathrooms
1
Living Area
8,476 sq ft
Total Rooms
8
Stories
1
Levels
1

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1843
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
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
Trinity Catholic Academy
0.3 mi
Grades PK-08
Eastford Road School
0.6 mi
397 students Moderate
Grades PK-01
D
Charlton Street School
0.8 mi | #782 of 824 | Score: 30.2
Improved 50 spots from last year
-28 below state avg
288 students Diverse
Rising School
Grades PK-05
M

Middle Schools

1 school
C
Southbridge Middle School
1.6 mi | #282 of 352 | Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students Diverse
Grades 06-08
H

High Schools

2 schools
Southbridge Academy
0.3 mi
21 students Diverse
Grades 06-12
C-
Southbridge High School
1.6 mi | #310 of 346 | Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students Moderate
12 sports • 498 athletes
Early College Program Rising School 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 $1,818
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
Save $0/mo
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

437 Main St, Southbridge MA 01550

Southbridge, MA 01550

Listing Information

Listing Agent Debra L. Lovelace
Listing Office Churchill Properties
Office Phone 978-998-4656
Agent MLS ID C8000245
Office MLS ID AN2636
Listing Data Updated Jun 24, 2026 9:32 AM 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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