Medical Premises

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

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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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1 active listing matches your search: Medical Office for sale in Spencer, MA. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

First-Floor Medical Office Condo
First-Floor Medical Office Condo

19 Mechanic St # 102, Worcester, MA 01608

$175,000
1,000 sqft

Ground-level suite includes reception, a central work area with plumbing, and three adaptable private rooms.

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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.

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Completely Renovated Medical Office Building
Completely Renovated Medical Office Building

105 Merrick St, Worcester, MA 01609

Contact for pricing
3,577 sqft

3,577 SF medical office with exam rooms, private offices, and extensive on-site parking.

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Medical Office Suite with Elevator Access
Medical Office Suite with Elevator Access

10 Winthrop St. # 314/315, Worcester, MA 01610

Contact for pricing
1,309 sqft

Four private offices, a welcoming reception area, and an in-unit bathroom create an efficient professional workspace.

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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.

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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 2

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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