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Prime mixed-use investment property in downtown with an 8% cap rate ideal for investors seeking long term stability. Zoned Center Core (CC) The building has 13 residential units on floors 2 and 3, providing steady income. The first floor includes two commercial spaces: a new 10-year lease to a convenience store and another unit available for retail. Recent upgrades include a new furnace and roof to protect your investment. Southbridge, with ~18K residents and a median income of ~$60K, supports a stable tenant base. Located minutes from the Mass Turnpike and Route 84, it offers easy access to Worcester, Hartford, Boston, Springfield, and New York. Walking distance to City Hall, restaurants, Harrington Hospital, CVS, Cumberland Farms, churches, parks, the post office, fire station & library, as well as the WRTA bus stop, with free fare to amenities throughout greater Worcester! A free municipal parking lot behind the building adds convenience. Don't miss this turnkey opportunity!
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Listing provided by John Snyder, Redfin Corp.
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