286 Southbridge Street Auburn, MA ^$ 675,000

286 Southbridge Street

^$ 675,000

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286 Southbridge Street

Auburn, MA, 01501

^$ 675,000

Studio Baths1.0

Monthly Estimate*

^$ 4,715

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Studio

Commercial Property for sale in Auburn, MA

for $675,000 with 1 full bath. This building was built in 1991 on a lot size of 0.42.

Amazing opportunity to own an established commercial property at a prime Auburn, MA location! The building has been home to an award winning restaurant, ‘The Coffee Mug’, since 2006. Whether it’s the perfect location to start your own business with great visibility and access, or to build your investment portfolio, there is unlimited potential here. This well maintained building is just over 1,390 SF, on a lot of .42 acres and contains 23 parking spaces. The building is served by municipal water, sewer with forced hot air via gas and central AC. Additionally there is a 1,500 gallon grease interceptor onsite. Close to all major routes, less than 5 miles to Worcester and .7 miles to Auburn Center. Current tenant is a well-established restaurateur. Lease expiration of 4/1/2024.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 5,743

Style

Commercial

Lot Size

0.42

Year Built

1991

Town/City

Auburn

County/Region

Worcester

MLS | Web ID

73219099

List By

Linda Rankin

Listing Agent

Property Investors & Advisors, Llc

Broker

Affordability Calculator

$5,194

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $479
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Auburn, MA

Average List Price ^$835,000

Percent of Sale Price 24%

About Auburn, MA

16,457 Population

3% Since 2002

^$72,178 Median Income

45.67 Median Age

25% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/7/2024	$675,000	-3.50%	Price Down
4/3/2024	$699,500		Listed Price

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286 Southbridge Street, Auburn, MA, 01501 is a Commercial Property for sale at $675,000 with a lot size of 0.42. 286 Southbridge Street is a studio with 1.0 baths and was built in 1991. The property's zip code is 01501 which is in Auburn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/22/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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286 Southbridge Street

Commercial Property for sale in Auburn, MA

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