Mixed-Use Multifamily Income
106 Main St Spencer, MA 01562
For Sale
Contact for pricing
Partially tenant-occupied mixed-use building with month-to-month leases across residential and commercial units.
Property Size17,554 SF
Price / SF$62.66
Days on Market120
Property Features for 106 Main St
General Information
- Standard status
- Active
- Size
- 17,554 SF
- Property subtype
- MULTIFAMILY
Listing Agency:
NAI Glickman Kovago & Jacobs
(508) 389-3769
Listed By:
Joey Powers · License ##9566848
(774) 823-0808
Source:
Moodyscre
Added: Mar 27
Changed: Jul 23
Last Checked: Jul 23 at 2:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Glickman Kovago & Jacobs
Investment Insights
Based on property information with market context.
This mixed-use multifamily income property includes 13 residential units and 4 commercial units. According to the current occupancy, 10 of the residential units and 3 of the commercial units are tenant-occupied, generating rental income. All units are on month-to-month leases, which provides flexibility for an owner to adjust operations and unit improvements without being limited by long-term lease terms.
The property is situated along Spencer’s primary commercial corridor, with steady local foot traffic and convenient access to the greater Worcester area, approximately 15 miles to the east.
The building’s unit-level tenancy and lease structure may appeal to buyers looking for immediate income with the ability to manage leases and updates on an ongoing basis.
The property is situated along Spencer’s primary commercial corridor, with steady local foot traffic and convenient access to the greater Worcester area, approximately 15 miles to the east.
The building’s unit-level tenancy and lease structure may appeal to buyers looking for immediate income with the ability to manage leases and updates on an ongoing basis.
Key Highlights
- Mixed‑use building with 10 of 13 residential units and 3 of 4 commercial units currently tenant‑occupied
- Rental income supported by current tenant occupancy across both residential and commercial space
- All units are on month‑to‑month leases, offering flexibility to adjust rents or restructure leases
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Partially tenant-occupied mixed-use building with month-to-month leases across residential and commercial units.
Where is this apartment building located?
The property is located at 106 Main St Spencer, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use building with 10 of 13 residential units and 3 of 4 commercial units currently tenant‑occupied; Rental income supported by current tenant occupancy across both residential and commercial space; All units are on month‑to‑month leases, offering flexibility to adjust rents or restructure leases
