Aucoin Ryan Realty | Southbridge, MA Real Estate, Sturbridge, MA Real Estate, Charlton, MA Real Esta

339 Main St, Southbridge, MA 01550  

Commercial
$319,900
Price
1
Buildings
Commercial
Type of Comm.
7,166.00
Lot Size
Fantastic opportunity to own this single level, multi tenant commercial property in heart of downtown Southbridge. This building is surrounded by additional retail establishments and traffic generators such as Cumberland Farms, Dunkin Donuts, local banks, clothing boutiques, etc.. The building offers updated electrical, heating and roofing. Each unit pays their own heating and electrical . Unit #1 offers 1,571 sq.ft - currently occupied - Leased for $1250 per month Unit #2 offers 762 sq.ft - currently occupied - Tenant at will for $500 per month Unit #3 offers 3,571 sq.ft - currently occupied - Tenant at will for $1500 per month. The average expenses are approx $13,735 per year leaving a net profit of $25,265 per year. This is a great location to start your own business or move your current business and have the tenants help with the mortgage.
Open House
No scheduled Open Houses
Highlights
Lot Size: 7,166.00
Acres: 0.16
List Price: $319,900
Type: Commercial
Type of Comm.: Commercial
Status: Active
Restrooms: 4
Stories: 1
Buildings: 1
Units: 3
Year Built: 1930
MLS#: 72381370
Exterior
Acres: 0.16
Lot Size: 7,166.00
Parking Spaces: 2
Parking Features: Street
Location: Downtown
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $258,400
Assessed Land Value: $49,000
Exchange: No
Gross Annual Expenses: $14,000
Gross Annual Income: $39,000
Taxes: $6,379
Tax Year: 2018
Net Operating Income: $25,000
Book/Page: 42375/40
Sublet: No
Total Assesed Value: $307,400
Zone Description: Legal Conforming
Features
Retail Sq. Ft.: 5,916
Retail Units: 3
 
Additional
Disclosure Declaration: No
Disclosure: Unit #3 is currently occupied by the owner. Owner pays market rent of $5 per sq ft. Owner will vacate the property prior to closing. All figures were provided by the seller. This Unit could lease for $2000 + All financial data provided by the seller.
For Lease: No
Space Available: For Sale
Map
Area Sales
Similar Listings
The listing office is Aucoin Ryan Realty and the listing agent is Chad Splaine. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/11/2018 10:08:00 PM.
Loading