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185 Main St
Spencer, MA 01562

$1,200,000

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Listing Details

  • $1,200,000
  • MLS# 73580408
  • Type Commercial - Business
  • Status Active
  • 9,934
    Square Feet
  • 0.822 acres
    Lot Size
  • 1890
    Year Built

Listed By

Agency Name: ERA Key Realty Services- Spenc
Agent Name: Donna Flannery
Agency Phone: 508-885-6336

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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...read more

Features

  • $6,071 Taxes
  • Built in 1890

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