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29523073
23029625

470 Southbridge St, Auburn, MA 01501

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
PM
MA 9071376
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc
$4,950,000
408 days on market
Updated 32 days ago

470 Southbridge Street

Details
Property Type Retail
Sub Type Storefront, Commercial
Square Footage 31,395
NOI $366,000
Class A
Year Built 1986
Stories 1
Acreage 1.000
Zoning Limited Business (LB)
Parking Spaces 50 spaces
Parking Per SqFt 1.59

Retail | 31,395 SqFt

Marketing description

Exceptional Retail Investment Opportunity!

Located in the heart of Auburn’s premier retail corridor, this outstanding investment property offers a rare combination of location, visibility, and income stability. Located directly across from the Auburn Mall and with immediate access to the Massachusetts Turnpike (I-90) and I-290, the property benefits from heavy daily traffic and regional accessibility. The building itself is of excellent quality, well-maintained, and built to support a variety of retail or service-oriented uses. Additionally, the Seller may have the ability to deliver the property vacant at closing to an end building user, offering flexibility for owner-occupants or redevelopment.

Prominent signage opportunities along I-290 further enhance the property's visibility and branding potential, making it an ideal location for tenants seeking maximum exposure.

With a strong in-place net operating income and long-term potential for value growth, this asset offers investors immediate cash flow in a high-demand market. Surrounded by major national retailers and restaurants, this is a strategic acquisition in a proven location.

Positioned at the heart of a thriving community, the area offers a rich tapestry of amenities and attractions. Step outside and immerse yourself in the lively atmosphere of Southbridge Street, with its eclectic mix of boutique shops, eateries, and conveniences. Just moments away, visitors can explore the historic beauty of Auburn's town center, as well as the natural serenity of nearby parks. With its strategic positioning and bustling surroundings, this location presents an exceptional opportunity for investors seeking a dynamic and connected setting to establish their business.

Listing Contacts

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
PM
MA 9071376
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$366,000.00
$30,500.00/mo

Valuation Metrics

0
DSCR
7.39%
Cap Rate
7.39%
ROI

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Additional Information

Name
Will Kelleher
License
MA 9585154
Brokerage
Kelleher & Sadowsky Associates, Inc.
Title
Real Estate Broker
Brokerage Address
120 Front Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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