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28038665
28038666

773 Southbridge St, Auburn, MA 01501

NN
MA 9588068MA
Matthews
DG
FL SL3463209 (FL)
Matthews
Listed by Matthews
$925,000
120 days on market
Updated 27 days ago

Retail Development Opportunity

Details
APN UBU M:0060 L:0016
Property Type Retail
Sub Type Storefront
Square Footage 10,268
Tenancy Vacant
Price per SqFt $90
Year Built 1953
Buildings 1
Stories 1
Acreage 0.450
Zoning HB (Highway Business)
Parking Spaces 12 spaces
Parking Per SqFt 1.17

Value-Add Opportunity | Development Opportunity

Investment 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.

  • Average Household Income: $131,191 – Affluent surrounding demographics support high retail demand and spending power.

  • 5 Miles from Worcester, MA – Close proximity to a major regional hub for education, employment, and healthcare.

  • New Roof – 2013 – Recent roof replacement reduces near-term capital needs.

  • New Boiler & Oil Tank – 2010 – Updated mechanical systems improve building efficiency and reliability.

Listing Contacts

NN
MA 9588068MA
Matthews
DG
FL SL3463209 (FL)
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
License # 1000083-RE-RB (MA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
866.889.0550
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
Name
Nikolai Novak
License
9588068MA
Brokerage
Matthews
Title
Kyle Matthews
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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