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Retail Development Opportunity 773 Southbridge St 11,412 SF Retail Building Auburn, MA 01501 $995,996 ($87.28/SF)
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity – Strong potential to enhance value through re-tenanting, upgrades, or redevelopment.
- Owner-User Potential – Ideal for new tenants seeking visibility and access; great for retail, medical, or flex space.
- Route 12 Corridor (21,457 Vehicles Per Day) – Prime frontage with excellent exposure and accessibility along a major retail corridor.
- Development Opportunity – Excellent site for expansion or new construction; HB zoning supports retail, office, flex, service uses.
- Zoning: HB (Highway Business) – Flexible zoning allows a wide range of commercial uses and long-term adaptability.
- Under $100 Per Square Foot – Priced below replacement cost, offering strong value and long-term upside.
EXECUTIVE SUMMARY
Unlock the potential of prime retail real estate with this exceptional development opportunity at 773 Southbridge Street in Auburn, MA. Priced at just $995,996—under $100 per square foot—this 10,268 SF freestanding building sits on a highly visible 0.45-acre lot along the bustling Route 12 corridor, which sees over 21,000 vehicles daily. Zoned HB (Highway Business), the property offers unmatched flexibility for retail, office, medical, or service uses, making it ideal for owner-users or developers seeking value-add potential through re-tenanting or redevelopment. With recent upgrades including a new roof (2013) and boiler (2010) and surrounded by affluent demographics with an average household income of $131,191, this site is perfectly positioned for long-term growth just five miles from Worcester. Don’t miss your chance to capitalize on this rare opportunity in one of Massachusetts’ most dynamic retail corridors.
Broker of Record
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Broker of Record
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,412 SF
Building Class
C
Year Built
1953
Price
$995,996
Price Per SF
$87.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.45 AC
Zoning
Comm
Parking
5 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- That 1 99 Fabric Store Of Auburn
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| That 1 99 Fabric Store Of Auburn | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | AUBU-000060-000000-000016 | Improvements Assessment | $341,400 |
| Land Assessment | $215,600 | Total Assessment | $557,000 |
PROPERTY TAXES
Parcel Number
AUBU-000060-000000-000016
Land Assessment
$215,600
Improvements Assessment
$341,400
Total Assessment
$557,000
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Retail Development Opportunity | 773 Southbridge St
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