773 Southbridge St - Freestanding FOR SALE


Auburn, MA 01501
$995,996 USD
773 Southbridge St, Auburn, MA for Sale
$995,996 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

773 Southbridge St
Auburn, MA 01501


HIGHLIGHTS

  • Value-Add Opportunity – Strong potential to enhance value through re-tenanting, upgrades, or redevelopment.
  • Development Opportunity – Excellent site for expansion or new construction; HB zoning supports retail, office, flex, service uses.
  • Owner-User Potential – Ideal for new tenants seeking visibility and access; great for retail, medical, or flex space.
  • Zoning: HB (Highway Business) – Flexible zoning allows a wide range of commercial uses and long-term adaptability.
  • Route 12 Corridor (21,457 Vehicles Per Day) – Prime frontage with excellent exposure and accessibility along a major retail corridor.
  • Under $100 Per Square Foot – Priced below replacement cost, offering strong value and long-term upside.

OVERVIEW

Unlock the potential of prime retail real estate with this exceptional development opportunity at 773 Southbridge Street in Auburn, MA. Priced at just $995,996—under $100 per square foot—this 10,268 SF freestanding building sits on a highly visible 0.45-acre lot along the bustling Route 12 corridor, which sees over 21,000 vehicles daily. Zoned HB (Highway Business), the property offers unmatched flexibility for retail, office, medical, or service uses, making it ideal for owner-users or developers seeking value-add potential through re-tenanting or redevelopment. With recent upgrades including a new roof (2013) and boiler (2010) and surrounded by affluent demographics with an average household income of $131,191, this site is perfectly positioned for long-term growth just five miles from Worcester. Don’t miss your chance to capitalize on this rare opportunity in one of Massachusetts’ most dynamic retail corridors. Broker of Record Kyle Matthews License # 1000083-RE-RB (MA) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$995,996 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

Comm

APN/PARCEL ID

AUBU-000060-000000-000016

ASK ABOUT THIS PROPERTY

Nikolai NovakMatthews Real Estate Investment ServicesMore Info

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Nikolai NovakMatthews Real Estate Investment ServicesMore Info

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