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773 Southbridge St, Auburn, MA, 01501

Retail Development Opportunity
$925,000

Key Information

$ per SF
$90
Year Built
1953
Type
Retail
Leasable Area
10,268

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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203