508-335-3765
338-340 Main St, Southbridge, MA for Rent

$24.00 USD /SF/yr

Retail - For Rent
1/5
750 SF | 1 Space

338-340 Main St
Southbridge, MA 01550


OVERVIEW

This prime downtown mixed-use property offers a compelling investment opportunity with an 8% cap rate, ideal for long-term stability. Zoned Center Core (CC) and located within a designated Opportunity Zone, it qualifies for both capital gain and historic tax credits. The building is exceptionally maintained, featuring a new roof and furnace. The first floor includes two commercial spaces—one leased to a convenience store under a new 10-year agreement and another 539-square-foot unit available for lease. The upper floors house 13 fully occupied market-rate residential units, providing steady income. Situated adjacent to a free municipal parking lot and within walking distance to local amenities and public transit, the property benefits from strong tenant demand in a community of approximately 18,000 residents. Its proximity to major highways like I-90 and I-84 ensures easy access to Boston and New York City.

RENTAL DETAILS

SPACE AVAILABLE

750 SF

# OF SPACES

1

RENT/MONTH

$1,500 USD /mo

RENT RATE (MO)

$2.00 USD /SF/mo

RENT RATE (YR)

$24.00 USD /SF/yr

LEASE TYPE

Full Service Gross

LEASE LENGTH

1-5 Years

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

9,216 SF

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CC

ASK ABOUT THIS PROPERTY

Eugene TanPatrick Real Estate LLCMore Info
508-335-3765

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Eugene TanPatrick Real Estate LLCMore Info
508-335-3765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.