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338-340 Main St 750 SF of Retail Space Available in Southbridge, MA 01550
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 750 SF | 1-5 Years | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $25,127 CAD/YR $2,094 CAD/MO | Retail | Full Build-Out | 30 Days |
1st Floor
| Size |
| 750 SF |
| Term |
| 1-5 Years |
| Rental Rate |
| $33.50 CAD/SF/YR $2.79 CAD/SF/MO $25,127 CAD/YR $2,094 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 750 SF |
| Term | 1-5 Years |
| Rental Rate | $33.50 CAD/SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | 30 Days |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
PROPERTY FACTS
| Total Space Available | 750 SF | Apartment Style | Low-Rise |
| No. Units | 15 | Building Size | 9,216 SF |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment |
| Total Space Available | 750 SF |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 9,216 SF |
| Year Built | 1907 |
ABOUT THE PROPERTY
This prime downtown mixed-use property offers a compelling investment opportunity with an 8% cap rate, ideal for long-term stability. Zoned Center Core (CC) and located within a designated Opportunity Zone, it qualifies for both capital gain and historic tax credits. The building is exceptionally maintained, featuring a new roof and furnace. The first floor includes two commercial spaces—one leased to a convenience store under a new 10-year agreement and another 539-square-foot unit available for lease. The upper floors house 13 fully occupied market-rate residential units, providing steady income. Situated adjacent to a free municipal parking lot and within walking distance to local amenities and public transit, the property benefits from strong tenant demand in a community of approximately 18,000 residents. Its proximity to major highways like I-90 and I-84 ensures easy access to Boston and New York City.
NEARBY MAJOR RETAILERS
Presented by
Patrick Real Estate LLC
338-340 Main St
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