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170 Main St 6,426 SF 100% Leased Office Building Spencer, MA 01562 $616,500 CAD ($95.94 CAD/SF)



Executive Summary
Presenting a commercial office building located at 170-174 Main Street on the Route 9 corridor in downtown Spencer, Massachusetts. The property offers an owner operator or an investor an opportunity to acquire a value-add property with existing rent and without the complexity of navigating existing long-term lease obligations. With a local population of approximately 12,000 residents and direct Route 9 access to Worcester's metropolitan area just twenty minutes east, the building is well-suited to attract professional office tenants seeking affordable rents relative to urban alternatives. The surrounding downtown environment, combined with strong regional connectivity across central Massachusetts, supports demand from professional service firms, medical and dental practitioners, insurance agencies, and other office users.
The property is situated at 170-174 Main Street in downtown Spencer, Massachusetts, along the Route 9 corridor — the town's primary commercial thoroughfare providing great visibility. Route 9 connects Spencer to the City of Worcester just twenty minutes to the east and other surrounding population centers via Routes 49, 20, and 31. With a local population of approximately 12,000 residents and direct access to Worcester's metropolitan workforce of over 200,000, the property is well-positioned to attract professional office tenants seeking an affordable alternative to urban office rents while remaining accessible to a broad central Massachusetts client and employee base. The surrounding Route 9 corridor serves numerous communities across Worcester County, providing strong regional connectivity for professional service firms, medical practitioners, and other office users.
The property is situated at 170-174 Main Street in downtown Spencer, Massachusetts, along the Route 9 corridor — the town's primary commercial thoroughfare providing great visibility. Route 9 connects Spencer to the City of Worcester just twenty minutes to the east and other surrounding population centers via Routes 49, 20, and 31. With a local population of approximately 12,000 residents and direct access to Worcester's metropolitan workforce of over 200,000, the property is well-positioned to attract professional office tenants seeking an affordable alternative to urban office rents while remaining accessible to a broad central Massachusetts client and employee base. The surrounding Route 9 corridor serves numerous communities across Worcester County, providing strong regional connectivity for professional service firms, medical practitioners, and other office users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,426 SF
Building Class
C
Year Built
1875
Price
$616,500 CAD
Price Per SF
$95.94 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,142 SF
Building FAR
0.84
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
Office Building
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | SPEN-000007U-000081 | Improvements Assessment | $445,798 CAD |
| Land Assessment | $69,733 CAD | Total Assessment | $515,531 CAD |
Property Taxes
Parcel Number
SPEN-000007U-000081
Land Assessment
$69,733 CAD
Improvements Assessment
$445,798 CAD
Total Assessment
$515,531 CAD
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170 Main St
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