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235 SOUTHBRIDGE ST Worcester MA 01608-2045

[Locked] • APN WORC-000003-000007-000002

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Details
Property Type Retail, Special Purpose
Sub Type Car Wash
Building SqFt 1,440
Lot SqFt 11,873
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code BG-6.0
Year Built 2005
Building Count 1
Opportunity Zone Yes
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail, Special Purpose
Property Subtype
Car Wash
Investment Highlights
  • Owner/User Opportunity – Opportunity to acquire the building, business, and underlying real estate.

  • Prime Location With Strong Traffic Counts – Ideally positioned along Southbridge Street, a heavily traveled roadway providing direct access to Interstate‑290 and Route‑146, as well as Francis J. McGrath Boulevard, Main Street, and Downtown Worcester. Located less than one mile from the Downtown core, the property benefits from excellent frontage, easy accessibility, and consistent daily traffic to approximately 19,870 vehicles per day.

  • Located Near Strong Retail – The property is strategically positioned within a strong mix of nearby national retailers and community anchors, benefiting from strong daily traffic and consistent consumer draw. Nearby national & local retailers within one mile include Dunkin’, Subway, Burger King, Ruth’s Chris Steak House, Alma Gaúcha Worcester, Family Dollar, Worcester Public Market, Gala Foods Supermarket, and many others all driving strong cross-customer opportunities. The site is further supported by major demand drivers and community anchors, including Polar Park, DCU Center, Worcester Art Museum, Museum of Worcester, and the Hanover Theatre.

  • Nearby Developments – Worcester’s ongoing Downtown redevelopment is anchored by Polar Park, which has spurred surrounding mixed-use growth including residential, hotel, office, and lab space in planning and early construction phases. Additional multifamily projects near Polar Park, along with nearby mixed-use developments such as The Cove (±173 residential units and ±16,000 SF of retail), continue to increase residential density, foot traffic, and long-term consumer demand within the trade area.

  • Recent Equipment Upgrades – The site has constantly been improved with more than $400,000 invested in capital upgrades over the past five years, upgrading all wash equipment, vacuums, kiosks, and other operational enhancements. These improvements position the wash as an efficient, low-maintenance, and easily managed operation.

  • Affluent Demographic – Population of 242,825 people with an average household income of $88,888 within a 5-mile radius of the site.

  • Additional Tax Benefits – Car washes qualify for bonus depreciation and an accelerated depreciation which can create higher returns on investments Please consult with CPA for details

Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Document Number
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Document Type
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Recording Book
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Recording Page
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Sold Price
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Buyer Borrower 1 Name
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Mortgage Recording Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Recording Book
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Recording Page
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Sales Price Code
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Seller 1 Name
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
CS
Cole Solis
•••.•••.2149
••••.•olis@••••••••.com
Brokerage logo
Sold on
 BY:
SA
Simon Assaf PRO
•••.•••.0275
•••••.•ssaf@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Worcester, MA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Worcester, MA (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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