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    232 Main St Spencer, MA 01562

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    For Sale
    $525,000

    Updated Queen Anne Victorian with business opportunity in Spencer, MA.

    Lot size:
    0.63 Acres

    Property Features for 232 Main St

    General Information

    Lot size
    0.63 Acres

    Building Details

    Year built
    1880

    Source: Property Investors & Advisors, LLC Agent Carmen De La Cruz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Queen Anne Victorian with Updates

    The Henrietta Sibley House is an updated Queen Anne Victorian home with a blend of classic charm and modern updates. The home features natural woodwork, intricate trim, solid wood, a curved banister, and stained glass windows. It also has old-world craftsmanship with pocket doors. The first floor is currently set up as a hair salon, presenting a business opportunity, but can be converted back to an apartment by removing temporary walls. The walk-up attic offers two walk-in cedar closets and the opportunity to create extra living space. The property includes two driveways and a screened back porch.
    Insight Report Location Intelligence

    Current Use by Public Records

    Deb's Hair Place Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Central Market Florist, Price Chopper Floral, Wayside Floral Boutique

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9873501
    Latitude
    42.2466342

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    FAQs

    What type of property is this?
    Storefront property - Updated Queen Anne Victorian with business opportunity in Spencer, MA.
    Where is this storefront property located?
    The property is located at 232 Main St Spencer, MA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Exquisite Queen Anne Victorian with original, gorgeous natural woodwork and stunning stained glass windows.; - Versatile first floor layout suitable for business or residential use.; - Lovingly maintained and updated with a blend of classic charm and modern amenities.
    (774) 413-0272
    Request Owner's contact information
    232 Main St Spencer, MA 01562
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    Spencer, MA 01562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    232 Main St Spencer, MA 01562
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