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773 Southbridge St, Auburn MA - Retail / Industrial /Storage Building - $995,600 (Auburn)
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https://www.matthews.com/properties/stnl-retail-development-opportunity-auburn-ma
View Crexi Listing here:
https://www.crexi.com/properties/2241608/massachusetts-retail-development-opportunity
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.