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.
1.2 Private Acres Exterior Space
Commercial
$15,378 Annual Tax
Built in 1958
MLS/Listing ID 73301498
Rubber
Slate
Listing Courtesy of LAMACCHIA REALTY, INC., BENJAMIN CARBONE - 860-382-6184
Source of Data: MLS PROPERTY INFORMATION NETWORK