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    Spencer, MA
    Mixed-Use

    Spencer, MA Mixed-use Properties for Sale

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    Historic Mixed-Use Property
    Updated: Sep 22
    Historic Mixed-Use Property

    185 Main St, Spencer, MA 01562

    $1,200,000
    9,934 sqft
    17 rental units: 7 residential apartments and 10 commercial office spaces
    Approximately 9,934 square feet in a 3‑story mixed‑use building
    Approximately 0.82 acres with 25+ off‑street parking spaces
    Originally established circa 1890 with retained historic details
    VR zoning with public water, sewer, natural gas, and paved parking
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    Mixed-Use Property with Drive-In Bays
    Updated: Sep 22
    Mixed-Use Property with Drive-In Bays

    8 Donnelly Road, Spencer, MA 01562

    $985,000
    1.30 AC lot
    8,014 SF mixed‑use commercial property on approximately 1.3 acres
    Approximately 3,744 SF of warehouse space, 1,870 SF of office space, and 2,400 SF daycare unit
    Four drive‑in bays and five restrooms
    Approximately 21+ parking spaces on a level paved site
    Three tenants at will currently occupy the buildings
    View details
    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 76 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 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.

    Mixed-Use Property with Three Commercial Units
    Mixed-Use Property with Three Commercial Units

    377 Park Avenue, Worcester, MA 01610

    $1,449,900
    4,201 sqft

    1920 building combines residential apartments, storefront space, parking, and updated units in a multi-level configuration.

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    Prime Worcester Development Opportunity
    Prime Worcester Development Opportunity

    520 Park Ave, Worcester, MA 01603

    Contact for pricing
    8,558 sqft 7.33 AC lot

    7.33 acres for mixed-use development near downtown Worcester.

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    Mixed-Use Property with Service Garage
    Mixed-Use Property with Service Garage

    46-1 /2 Old Sturbridge Rd, Southbridge, MA 01550

    $619,900

    Two-family residential space is combined with an equipped automotive service garage and substantial on-site parking.

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    Mixed-Use Property with Service Garage
    Mixed-Use Property with Service Garage

    46-1/2 Old Sturbridge Rd, Southbridge, MA 01550

    $619,900

    Two-family residential space is paired with an equipped service garage, shop equipment, and office-related furnishings.

    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.

    Development Opportunity on Gediminas Street
    Development Opportunity on Gediminas Street

    3A Gediminas, Worcester, MA 01610

    $74,900

    Versatile BL-1 zoned lot suitable for residential and commercial development.

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    Sutton Land Development Opportunity
    Sutton Land Development Opportunity

    30 & 34 Pleasant Valley Road, Sutton, MA 01590

    Contact for pricing
    15.08 AC lot

    15.08 acre land site with development potential.

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    Mixed-Use Development Property
    Mixed-Use Development Property

    223 Worcester Road, Sterling, MA 01564

    $799,000

    Assemblage includes developable land and an existing inn structure near Mt. Wachusett.

    View details
    General Business Commercial Land
    General Business Commercial Land

    W Main St lot: 108, Upton, MA 01568

    $500,000
    5.45 AC lot

    General Business zoning supports commercial and service-oriented uses, subject to Town approvals.

    View details

    Off-Market Properties in Spencer, MA

    Consider similar Off-Market properties in Spencer, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    152 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    152 Main St, Spencer, MA 01562-2162

    Estimated value:
    $660,000
    10,577 sqft 0.41 AC lot
    View details
    19 Mechanic St
    OFFICE/RESIDENTIAL (MIXED USE)

    19 Mechanic St, Spencer, MA 01562-2282

    Estimated value:
    $100,000
    3,543 sqft 0.08 AC lot
    View details
    232 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    232 Main St, Spencer, MA 01562-1724

    Estimated value:
    $110,000
    2,082 sqft 0.63 AC lot
    View details
    148 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    148 Main St, Spencer, MA 01562-2167

    Estimated value:
    $375,000
    6,350 sqft 0.09 AC lot
    View details
    184 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    184 Main St, Spencer, MA 01562-2117

    Estimated value:
    $300,000
    2,280 sqft 0.43 AC lot
    View details
    143 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    143 Main St, Spencer, MA 01562-2278

    Estimated value:
    $460,000
    690 sqft 0.29 AC lot
    View details
    117 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    117 Main St, Spencer, MA 01562-2125

    Estimated value:
    $1,500,000
    23,342 sqft 0.32 AC lot
    View details
    136 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    136 Main St, Spencer, MA 01562-2169

    Estimated value:
    $80,000
    7,112 sqft 0.62 AC lot
    View details
    57 Wire Vlg Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    57 Wire Vlg Rd, Spencer, MA 01562-1440

    Estimated value:
    $240,000
    2,336 sqft 1.38 AC lot
    View details
    2 Chestnut St
    OFFICE/RESIDENTIAL (MIXED USE)

    2 Chestnut St, Spencer, MA 01562-2506

    Estimated value:
    $595,000
    3,629 sqft 0.23 AC lot
    View details
    15 Vly St
    OFFICE/RESIDENTIAL (MIXED USE)

    15 Vly St, Spencer, MA 01562-2166

    Estimated value:
    $435,000
    2,634 sqft 0.26 AC lot
    View details
    13 Mechanic St
    OFFICE/RESIDENTIAL (MIXED USE)

    13 Mechanic St, Spencer, MA 01562-2275

    Estimated value:
    $230,000
    4,470 sqft 0.13 AC lot
    View details
    55 Mechanic St
    OFFICE/RESIDENTIAL (MIXED USE)

    55 Mechanic St, Spencer, MA 01562-2560

    Estimated value:
    $230,000
    2,400 sqft 0.13 AC lot
    View details
    423 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    423 Main St, Spencer, MA 01562-1905

    Estimated value:
    $290,000
    1,608 sqft 0.87 AC lot
    View details
    169 Spencer Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    169 Spencer Rd, Spencer, MA 01562-2635

    Estimated value:
    $280,000
    2,192 sqft 1.60 AC lot
    View details
    139 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    139 Main St, Spencer, MA 01562-2623

    Estimated value:
    $265,000
    2,856 sqft 2.80 AC lot
    View details
    67 Paxton Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    67 Paxton Rd, Spencer, MA 01562-1515

    Estimated value:
    $545,000
    3,941 sqft 2.05 AC lot
    View details
    150 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    150 Main St, Spencer, MA 01562-2124

    Estimated value:
    $230,000
    6,332 sqft 0.08 AC lot
    View details
    124 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    124 Main St, Spencer, MA 01562-2141

    Estimated value:
    $225,000
    4,952 sqft 0.10 AC lot
    View details
    131 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    131 Main St, Spencer, MA 01562-2623

    Estimated value:
    $320,000
    2,560 sqft 1.43 AC lot
    View details
    48 Pleasant St
    OFFICE/RESIDENTIAL (MIXED USE)

    48 Pleasant St, Spencer, MA 01562-1626

    Estimated value:
    $265,000
    2,396 sqft 0.33 AC lot
    View details
    23 Spencer Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    23 Spencer Rd, Spencer, MA 01562-1349

    Estimated value:
    $250,000
    2,100 sqft 1.38 AC lot
    View details

    Spencer, MA Mixed-Use Properties Market Trends and Statistics

    Explore 68 mixed-use properties for sale in Spencer, MA on our real estate platform. These investment opportunities span a total of 9,934 square feet of properties for sale, with an estimated market value of $2,185,000.

    Sale prices for multi use buildings in Spencer, MA start at $985,000, averaging $1,092,500, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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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