Active
196 Days on market
437 Main St Southbridge — Photo 1 of 31

437 Main St Southbridge — Photo 1 of 31

Recent Drop: $901,000

$1,250,000
$349,000

$349,000

437 Main St, Southbridge, MA 01550

Southbridge, MA 01550

Beds

--

Baths

1.5

SqFt

8,476

Style

Multi Family

Built

1843

Attention developers, investors and visionaries! Exceptional adaptive reuse opportunity in the heart of downtown Southbridge. This prominent 8,476± square foot building is offered at just $349,000, approximately $41 per square foot, presenting an attractive basis for redevelopment or owner occupancy. Located within the Central Commercial District, the property offers potential for multifamily housing, condominiums, artist lofts, live/work spaces, office use, educational facilities, community services, or continued religious use, subject to municipal approvals. Features include expansive open areas, high ceilings, abundant natural light, multiple entrances, and existing public water, sewer, natural gas, and electric utilities. Conveniently situated near restaurants, shops, municipal services, and major routes. A unique opportunity to reposition an underutilized asset into an income-producing property with significant upside potential. Buyers to perform their own due diligence regarding

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$41/sqft
Local Avg (Southbridge)$262/sqft
84% BelowMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Southbridge, MA.

Property Details

Financials

Original Price$1,250,000
Annual Taxes$21,818.47

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningCC

Property & Lot

Acres0.33
SqFt Lot14,375
Lot FeaturesLevel

Geography

Property History

Price Drop
$349,000

Was $479,000

Jun 17, 2026

MLS® 73480011

Price Drop
$479,000

Was $799,000

Apr 16, 2026

MLS® 73480011

Price Drop
$799,000

Was $1,250,000

Mar 9, 2026

MLS® 73480011

Listed
$1,250,000

Feb 25, 2026

MLS® 73480011

Population

17,928

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

57.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Debra L. Lovelace

Listing Office: Churchill Properties

MLS® Number: 73480011

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