Office Building with Veterinary Hospital
For Sale
Contact for pricing
Pending
407 Main St, Spencer, MA 01562
Two-suite office building on Route 9 with a veterinary hospital lease extending through February 2, 2030.
Property Size12,520 SF
Days on Market394
Property Features for 407 Main St
General Information
Standard status
Pending
Size
12,520 SF
Property subtype
OFFICE
Listing Agency:
Kelleher & Sadowsky
(508) 755-0707
Listed By:
Brian A. Johnson · License #9536903
(774) 272-1112
Source:
Moodyscre
Added: Aug 19, 2025
Changed: Sep 13
Last Checked: Sep 15 at 8:09AM
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 Kelleher & Sadowsky
Investment Insights
Based on property information with market context.
405-407 E. Main Street is a two-suite office building offering approximately 12,520 rentable square feet, with Suite A currently leased to Hometown Veterinary Partners Spencer, LLC d/b/a Spencer Veterinary Hospital. The hospital has been an occupant since early 2020 and has a lease in place through February 2, 2030. Under the current structure, the tenant is responsible for 100% of the triple net expenses for the first two years of the term, or until Suite B is leased.
Suite B was last utilized by the Reliant Medical Group for internal medicine use and includes an existing build-out comprised of exam rooms, consult offices, a reception area, internal bathrooms, and a central administrative station. The property was renovated in 2011 and has been well maintained for the past 5 years with on-site ownership.
Located on Route 9, the building benefits from signage and high visibility with approximately 13,000 cars average daily traffic (2024). Parking is provided at a ratio of approximately 8.5 spaces per 1,000 rentable square feet, supporting patients, clients, and employees.
Suite B was last utilized by the Reliant Medical Group for internal medicine use and includes an existing build-out comprised of exam rooms, consult offices, a reception area, internal bathrooms, and a central administrative station. The property was renovated in 2011 and has been well maintained for the past 5 years with on-site ownership.
Located on Route 9, the building benefits from signage and high visibility with approximately 13,000 cars average daily traffic (2024). Parking is provided at a ratio of approximately 8.5 spaces per 1,000 rentable square feet, supporting patients, clients, and employees.
Key Highlights
- Spencer Veterinary Hospital lease through February 2, 2030; tenant has been an occupant since early 2020
- Suite A subject to lease structure with tenant responsible for 100% of triple net expenses for first two years or until Suite B is leased
- Route 9 signage and high visibility with approximately 13,000 cars average daily traffic (2024)
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Two-suite office building on Route 9 with a veterinary hospital lease extending through February 2, 2030.
Where is this office building located?
The property is located at 407 Main St Spencer, MA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Spencer Veterinary Hospital lease through February 2, 2030; tenant has been an occupant since early 2020; Suite A subject to lease structure with tenant responsible for 100% of triple net expenses for first two years or until Suite B is leased; Route 9 signage and high visibility with approximately 13,000 cars average daily traffic (2024)
