114 Pleasant StSouthbridge, MA 01550

For Sale
$1,500,000
Refurbished Schoolhouse, 9730+ sqft, 1.17 Acres

Overview

Added:
Feb 3
Days on market:
73
This exceptional 9730+ square foot commercial property, situated on a 1.17-acre corner lot in downtown Southbridge, MA, presents a unique investment opportunity. Originally a schoolhouse, it underwent a complete refurbishment in 2013 and boasts a blend of office, lab, warehouse, and flex space, ideal for a variety of uses. The building is currently configured with offices, labs, a conference room, lounge, kitchen, machine shop, and shower room, making it suitable for a range of businesses. The property includes 32 on-site parking spaces, ensuring ample parking for employees and clients. Its prime location at a busy four-way intersection with a four-way stop provides excellent visibility and high traffic counts. Convenient access to major routes (90, 395, 20, 31, and 131) further enhances its appeal. The property is zoned OR (Office/Research) and benefits from its location within an Opportunity Zone. Recent upgrades include a brand new high-efficiency HVAC system with heat pumps (installed 12/4/24), a recoated roof with a 25-year transferable silicone warranty, a sprinkler system, a security system, keyless entry, and infrared rejecting film on the windows. LED lighting has also been installed throughout. The property is sold fully furnished and equipped, with current occupancy primarily in biotech/lab uses. Importantly, there are no long-term leases in place, offering flexibility for the new owner.

Property Details for 114 Pleasant St

Property type
Commercial real estate
Year Built
1981
Lot Size (sq. ft)
50,965 SF

Location Insight

City
Southbridge
County
Worcester
State
Massachusetts
Latitude
42.08433
Longitude
-72.04403
114 Pleasant St, Southbridge, Massachusetts

FAQs

What type of property is this?
Commercial real estate - Refurbished Schoolhouse, 9730+ sqft, 1.17 Acres
Where is the commercial real estate located?
The property is located at 114 Pleasant St Southbridge, MA.
What is the asking price?
The asking price for this property is $1,500,000.
How can I contact the broker?
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114 Pleasant St
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