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
This home has been viewed 25 times
Last Checked: June 25th, 2026 at 6:53am (Source: MLS PIN #73480011)
Gross Income: $0
Gross Expenses: $21,818
Net Income Calc: $21,818
Water Views
Annual Expenses for 437 Main St, Southbridge MA 01550
Total Gross Expenses (Calculated)$21,818/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax21818.47
Annual Income & Unit Breakdown for 437 Main St, Southbridge MA 01550
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
General Information for 437 Main St, Southbridge MA 01550
Listing ID73480011
Property TypeMulti Family
Price349000 ($41.18/SqFt)
StyleMulti Family
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total8476
Approximate Lot Size (Acres)0.33
Total Parking0
Garage Parking0
Year Built1843
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningCC
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 437 Main St, Southbridge MA 01550
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 437 Main St, Southbridge MA 01550
Real Estate Taxes21818.47
Tax Year2025
Assessed Value$1,488,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 437 Main St, Southbridge MA 01550
Neighborhood(s)
Area Amenities
Contact Information for 437 Main St, Southbridge MA 01550