USAMASpencer185 Main St
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$1,200,000

For Sale

16 days ago

185 Main St, Spencer, MA

House

MLS® 73580408

0 Bed

12 Bath

9934 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 9934 sqft
Garage 
Taxes $6,071
Days Active 16
Lot Size 0.82 Acres
Approx. Age 1890
Avg. Price Per Sqft $120
MLS® Number 73580408

Property Address: 185 Main St, Spencer, MA, 01562-1755

Average square foot calculated using Size range provided by listing agent.

Description

First time on the market! Rare opportunity to own a historic mixed-use property in a central Spencer location with 17 rental units and multiple income-producing uses. The property includes 7 residential 1- and 2-bedroom apartments and 10 commercial office spaces, offering a diverse tenant mix.Current gross annual income is $153, 296 with reported annual expenses of $56, 240. The 3-story building, originally established circa 1890, offers approximately 9, 934 square feet of combined residential and office space and retains charming historic details throughout.The property sits on approximately 0.82 acres with 25+ off-street parking spaces and additional land that may offer potential for expanded parking and/or additional buildings, subject to town approvals. Public water and sewer, natural gas, paved parking, and legal-conforming mixed-use zoning add to the property's functionality.Located near downtown and adjacent to beautiful Isaac Prouty Veterans Park, with easy access to public transportation, shopping, restaurants, and other amenities. Conveniently situated less than 15 minutes from Worcester Regional Airport, the Mass Pike, and major routes.A unique opportunity to acquire a well-located mixed-use property with established rental income, a diversified unit mix, ample parking, and potential for future growth.
MLS® Number73580408
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 21, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
185 Main St, Spencer, MA

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