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    Spencer, MA
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    Spencer, MA Medical Office Space for Sale

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    Office Building with Veterinary Hospital Lease
    Updated: Aug 19, 2025
    Office Building with Veterinary Hospital Lease

    407 Main St, Spencer, MA 01562

    Contact for pricing
    12,520 sqft
    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)
    Parking ratio of approximately 8.5 spaces per 1,000 rentable square feet
    Renovated in 2011 and well maintained for the past 5 years with on‑site ownership
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Medical Office Property
    Five-Unit Medical Office Property

    307 Grafton Street, Shrewsbury, MA 01545

    $3,700,000
    10,368 sqft 1.41 AC lot

    Medical office property with three established NNN medical tenants and space for an owner-occupant.

    View details
    Medical Office Space
    Medical Office Space

    227 Russell St, Worcester, MA 01602

    $595,000
    2,445 sqft

    For-sale medical office space located at 227 Russell St in Worcester, Massachusetts.

    View details
    Turnkey Second-Floor Office Suite
    Turnkey Second-Floor Office Suite

    625 Chandler Street Unit 2, Worcester, MA 01602

    Contact for pricing
    2,400 sqft

    Fully built-out office suite on the second floor with private offices and a conference area; tenant pays for electric only.

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    Ranch-Style Medical Office Space
    Ranch-Style Medical Office Space

    131 Hartford Tpke, Shrewsbury, MA 01545

    $390,000
    0.29 AC lot

    Corner-lot property in a Limited Business Zone with office-use potential for healthcare practitioners.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details

    Spencer, MA Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Spencer, MA on our real estate platform. These investment opportunities span a total of 12,520 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 4
    Medical Office Space 3
    Office Units 3

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.4%
    Median Household Income $79,086
    College Educated 38.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $25.23 per SF
    Tax Rate vs County Average 0.67 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Total CRE Inventory on Market (SF)

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