{"id":709634,"date":"2026-09-05T03:24:49","date_gmt":"2026-09-05T08:24:49","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/14-mechanic-st\/"},"modified":"2026-09-05T03:24:49","modified_gmt":"2026-09-05T08:24:49","slug":"14-mechanic-st","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/14-mechanic-st\/","title":{"rendered":"Mortgagee Sale – Wellsworth Hotel, Southbridge MA"},"content":{"rendered":"

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Mortgagee Sale at Public Auction<\/span><\/p>\n

Wellsworth Hotel<\/span><\/p>\n

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14 Mechanic Street, Southbridge, Massachusetts 01550<\/span>
<\/span>Wednesday, October 7, 2026 at 11:00 A.M.<\/span>
<\/span>Sale to Be Held on the Premises, at Wellsworth Hotel<\/span><\/p>\n

<\/p>\n

MA Auction Company<\/span><\/p>\n

Paul E. Saperstein Co.<\/span>
<\/span>144 Centre St., Holbrook, MA 02343<\/span>
<\/span>617-227-6553 | MA Lic. 295<\/span><\/p>\n

<\/p>\n

An exceptional opportunity to acquire the <\/span>Wellsworth Hotel<\/span>, a substantial full-service hotel, conference, event and office property located in Southbridge, Massachusetts.<\/span><\/p>\n

Situated on approximately <\/span>10.08 acres<\/span>, the five-story property contains approximately <\/span>258,439\u00b1 square feet<\/span> and features <\/span>203 guestrooms<\/span>, approximately <\/span>19,433 SF of IACC-certified meeting and event space<\/span>, including a 250-seat auditorium, approximately <\/span>72,399 SF of rentable office space<\/span>, and <\/span>416 parking spaces<\/span>.<\/span><\/p>\n

The Wellsworth Hotel is an <\/span>upscale, full-service independent hotel<\/span> offering extensive conference and banquet facilities, <\/span>Visions Restaurant, Shades Lounge, Focus Fitness Center, indoor swimming pool, indoor basketball court, two racquetball courts<\/span>, business facilities and a landscaped courtyard.<\/span><\/p>\n

Originally part of the historic <\/span>American Optical Company complex<\/span>, the property reflects more than 160 years of Southbridge industrial history. The property was substantially converted into a modern hotel and conference center in 2000\u20132001, with subsequent updates in 2018 and 2020. The Wellsworth Hotel is part of the broader <\/span>Southbridge Innovation Center<\/span>, a mixed-use commercial complex incorporating hospitality, office and business uses within the former American Optical campus.<\/span><\/p>\n

Significant Office Component<\/span><\/p>\n

A major investment feature is the approximately <\/span>72,399 SF office component<\/span> attached to the hotel complex, providing diversified income potential in addition to the hospitality and conference operations.<\/span><\/p>\n

The property currently includes approximately <\/span>13,657 SF of leased office space<\/span>, approximately <\/span>27,280 SF planned for lease to a state agency<\/span>, and approximately <\/span>31,462 SF of additional space available for future leasing or build-out<\/span>.<\/span><\/p>\n

Southbridge is located within the <\/span>Outlying Worcester office submarket<\/span>, containing nearly 6.5 million square feet of leasable office space. The appraisal notes that the submarket vacancy rate was below the broader market average and characterized the location as favorable for office use.<\/span><\/p>\n

Southbridge & Central New England Location<\/span><\/p>\n

The property is strategically positioned in south-central Massachusetts near the Connecticut border, approximately:<\/span><\/p>\n