Commercial Sale at 248 Elm Street, Southbridge MA 01550
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18 photos

$349,000

248 Elm Street, Southbridge MA 01550
Southbridge, MA 01550
Listed by Mary Jo Demick
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1890

About this home

OPPORTUNITY KNOCKS FOR THIS CENTRALLY LOCATED COMMERCIAL/INDUSTRIAL BUILDING BEING OFFERED AT A GREAT PRICE!! This building was used has a machine shop for generations. It has 2 floors with parking & a separate garage. Shop floors are reinforced for heavy equipment. There is a loading dock, elevator lift to the 2nd floor & a sprinkler system. Updates include electrical, LED lighting in the shop areas, & central air ~3 years old. There is a separate room for 2 air compressors, 4 office spaces ~ 1 is large enough for 4 desks, 3 bathrooms, & a kitchen area. EASY TO SHOW!

Property details

MLS
MLS Property Information Network
MLS #
73487130
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
223
On market date
March 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.66 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Eastford Road
0.16 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
319
Student:teacher ratio
12.8:1
District
Southbridge
Middle
Southbridge Middle School
1.84 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
407
Student:teacher ratio
12.0:1
District
Southbridge
High
Southbridge Academy
0.5 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
3.5:1
District
Southbridge

Walkability

Blended score for Southbridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks6
Schools9
Transit stops14
Pharmacies4

Market position

How this listing compares to current activity in Southbridge, from live MLS data.

On the market 223 days -- 125 more days than Southbridge's current average of 98 days.
For reference, the median list price across 141 active listings in Southbridge right now is $399,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,252/mo
$69,800 down
$279,200 loan
Principal & interest$1,811
Property tax (est.)$291
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.