248 Elm StSouthbridge, MA 01550

Property Details for 248 Elm St

Year built

1890

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.66 AC

Property size (Sq ft)

9,246 SF

Zone code

OR

Property type

Manufacturing properties

APN

SBRI M:0054 B:0200 L:00001

APU

SBRIM0054B0200L00001

Description

This centrally located Southbridge commercial property at 248 Elm Street offers a unique opportunity for a variety of businesses. The 0.66-acre lot features a two-story building previously used as a machine shop, showcasing its robust construction. The floors are reinforced to support heavy equipment, a significant advantage for industrial or manufacturing operations. Convenient access is provided by a loading dock and a freight lift servicing the second floor. The building's electrical system has been updated, and all lighting in the shop area is energy-efficient LED. Climate control is ensured by a central air conditioning system, approximately two years old, supplemented by oil heat. A dedicated space houses two air compressors, enhancing operational efficiency. The property also includes four office spaces, one of which is large enough to accommodate four desks, providing ample administrative space. Three bathrooms and a kitchen area cater to employee needs. This versatile property presents a compelling investment opportunity in a desirable Southbridge location. The combination of heavy-duty construction, updated systems, and ample office space makes it suitable for a range of commercial applications. The property's central location and convenient features make it an attractive option for businesses seeking a well-equipped and strategically positioned space.

• Alternative Use

  Use

  Valuation

  Residential

  $1,749,705

  Hospitality

  $1,602,720

  Educational

  $1,333,444

  Medical

  $1,379,304

  Retail

  $2,074,247

Location Insight

City

Southbridge

County

Worcester

State

Massachusetts

Latitude

42.0686

Longitude

-72.0368

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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