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    407 Main St Spencer, MA 01562

    Sponsored
    For Lease
    $22 SF/Yr

    6,271 SF Medical Office Available

    Lot size:
    13,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,271 square foot medical office space, located at 407 E. Main Street in Spencer, Massachusetts, presents a unique opportunity. Situated in a Class C building totaling 13,273 square feet, this suite offers a versatile layout previously used for internal medicine. The space includes exam rooms, consultation rooms, check-in counters, and reception areas, ready for immediate occupancy. The building features a convenient parking ratio of 8 spaces per 1,000 square feet, ensuring ample parking for patients and staff. The property is located in Worcester County, MA, with the zip code 01562. This multi-tenant building also houses Spencer Veterinary Hospital in Suite A. The property is categorized as a medical office and offers a single, large suite. This is an excellent opportunity for a medical practice seeking established space with existing infrastructure. The property's location in Spencer offers easy access for patients and employees. The available space is ideal for a variety of medical specialties, given its existing layout and ample parking. The building's overall size is 13,273 square feet. This listing presents a turnkey solution for a medical practice looking to establish or expand its presence in the Spencer, MA area.

    Property Features for 407 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,273 SF
    Class
    C
    Total Rate
    24333.83

    Unit(s) available at that property

    Space
    Suite B
    Size
    6,271 SF
    Rate per SF
    $22

    HighLights

    • 6,271 SF medical office suite available for immediate occupancy at 407 E. Main Street, Spencer, MA 01562.
    • Located in a 13,273 SF Class C multi‑tenant building with ample parking (8 spaces/1,000 SF).
    • Features exam rooms, consultation rooms, check‑in counters, and reception areas.
    • Previously used for internal medicine; ideal for various medical specialties.
    • Turnkey solution for medical practices seeking established space in Spencer, MA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ronald S. ... Pediatrician Fillipon Nicholas G ... Internist Sama Ralph J ... Geriatrician Harden Kathryn E Doctor Reliant Medical Group ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    City
    Spencer
    County
    Worcester
    State
    Massachusetts

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    FAQs

    What type of property is this?
    Medical office - 6,271 SF Medical Office Available
    Where is this medical office located?
    The property is located at 407 Main St Spencer, MA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 6,271 SF medical office suite available for immediate occupancy at 407 E. Main Street, Spencer, MA 01562.; Located in a 13,273 SF Class C multi-tenant building with ample parking (8 spaces/1,000 SF).; Features exam rooms, consultation rooms, check-in counters, and reception areas.
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    407 Main St 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
    407 Main St Spencer, MA 01562
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