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Downtown Office Building with Value-Add
For Sale
Contact for pricing
Pending

170 Main St, Spencer, MA 01562

Commercial office building on Main Street with direct Route 9 access and current rental income.

Property Size6,426 SF
Days on Market219

Property Features for 170 Main St

General Information

Standard status Pending
Size 6,426 SF
Class C
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Year Built 1875
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Joey Powers · License #MA 9589503
Source: Crexi
Added: Mar 27 Changed: Oct 25 Last Checked: Oct 30 at 2:16PM

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

Rey
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Investment Insights

Based on property information with market context.

This commercial office building is offered for sale at 170–174 Main Street on the Route 9 corridor in downtown Spencer, Massachusetts. The property is positioned as a value-add acquisition with existing rent, giving an owner-operator or investor the ability to pursue improvements without being required to navigate existing long-term lease obligations.

The building benefits from direct access to Route 9, connecting to the Worcester metropolitan area approximately twenty minutes to the east. Set within a downtown environment, it is intended to serve office users including professional service firms, medical and dental practitioners, and insurance agencies, supported by the area’s local population of approximately 12,000 residents.

Overall, the property presents a straightforward office real estate option for buyers seeking an income-bearing building in a centrally connected corridor.

Key Highlights

  • Commercial office building at 170‑174 Main Street on the Route 9 corridor in downtown Spencer, MA
  • Direct Route 9 access to Worcester’s metropolitan area, about 20 minutes east
  • Current rental income available for an owner‑operator or investor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Law Office Of Ernest ... Law Firm Cj Mabardy Inc Construction Company

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Grocery & Convenience Store Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

Demographics for 01562, MA

11,992
Population
5,788
Households
2.1
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
32.9 sq mi
ZIP Area
364
Density / Sq Mi
$79,086
Median Household Income
$49,131
Median Earnings
$1,085
Median Rent
$368,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial office building on Main Street with direct Route 9 access and current rental income.
Where is this office building located?
The property is located at 170 Main St Spencer, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Commercial office building at 170‑174 Main Street on the Route 9 corridor in downtown Spencer, MA; Direct Route 9 access to Worcester’s metropolitan area, about 20 minutes east; Current rental income available for an owner‑operator or investor
(774) 823-0808 Call to check price and availability
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