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    Spencer, MA
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    Spencer, MA Office Spaces for Sale

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    East Brookfield, MA Leicester, MA North Brookfield, MA
    Medical Office Building For Sale
    $1,595,000
    12,520 SF
    Medical Office Building For Sale

    407 Main St, Spencer, MA 1562

    Medical office building with existing tenant and high visibility.
    • Existing tenant (Spencer Veterinary Hospital) provides stable income stream with lease in place through February 2, 2030.
    • Current Net Operating Income (NOI) is $136,325.
    • High visibility location on Route 9 with approximately 13,000 average daily traffic count (2024).
    • Suite B is move‑in ready for medical use with existing buildout.
    • Ample parking with a ratio of ±8.5 spaces per 1,000 rentable square feet.
    Updated: Jan 23
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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    Worcester Commercial Building For Sale
    $795,000
    3,900 SF
    Worcester Commercial Building For Sale

    3,900 SF building in prime Worcester location.

    76 Mill St, Worcester, MA 1603

    View details
    Redevelopment Opportunity with Rail Proximity
    $850,000
    123,000 SF
    Redevelopment Opportunity with Rail Proximity

    5.75-acre commercial/industrial site with redevelopment potential.

    277 E Main St, East Brookfield, MA 1515

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    Fully Occupied Commercial Property
    $850,000
    3,576 SF
    Fully Occupied Commercial Property

    Commercial property with high visibility and accessibility in a busy corridor.

    1 Ferdinand St, Worcester, MA

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    5.75-Acre Redevelopment Opportunity with Rail
    $850,000
    123,000 SF
    5.75-Acre Redevelopment Opportunity with Rail

    Large commercial/industrial site with redevelopment potential and rail proximity.

    277 E Main St, East Brookfield, MA 1515

    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.

    Leicester Land For Sale
    $119,000
    5.00 Acres
    Leicester Land For Sale

    5-acre wooded lot with town utilities available.

    595 Pleasant, Leicester, MA 1542

    View details
    Main Street Development Opportunity
    $1,200,000
    Main Street Development Opportunity

    High-visibility parcel in Worcester's Main South corridor.

    817 Main St, Worcester, MA 1610

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    Commercial Land at Signalized Intersection
    $500,000
    1.00 Acre
    Commercial Land at Signalized Intersection

    One-acre commercial land parcel at a signalized intersection.

    6 Oxbow Road |, Charlton, MA 1507

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    Charlton Commercial Land on Rte 20
    $1,000,000
    4.69 Acres
    Charlton Commercial Land on Rte 20

    Over 4 acres of commercial land on Route 20.

    Worcester Rd, Charlton, MA 01507

    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.

    505 Main St
    OFFICE BUILDING
    3,753 SF Lot: 1.00 Acres
    Value Estimation by Request

    505 Main St, Spencer, MA 01562-1905

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    10 Linden St
    OFFICE BUILDING
    1,393 SF Lot: 0.25 Acres
    Value Estimation by Request

    10 Linden St, Spencer, MA 01562-2205

    View details
    503 Main St
    OFFICE BUILDING
    5,347 SF Lot: 4.13 Acres
    Value Estimation by Request

    503 Main St, Spencer, MA 01562

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    159 Main St
    OFFICE BUILDING
    2,708 SF Lot: 0.32 Acres
    Value Estimation by Request

    159 Main St, Spencer, MA 01562-2114

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    130 Main St
    OFFICE BUILDING
    5,054 SF Lot: 1.93 Acres
    Estimated value
    $505,000

    130 Main St, Spencer, MA 01562-2690

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    8 Lk St
    OFFICE BUILDING
    1,916 SF Lot: 0.33 Acres
    Value Estimation by Request

    8 Lk St, Spencer, MA 01562-1802

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    369 Main St
    OFFICE BUILDING
    16,248 SF Lot: 2.30 Acres
    Estimated value
    $840,000

    369 Main St, Spencer, MA 01562-1900

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    284 Main St
    OFFICE BUILDING
    5,138 SF Lot: 0.38 Acres
    Value Estimation by Request

    284 Main St, Spencer, MA 01562-1839

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    407 Main St
    OFFICE BUILDING
    13,099 SF Lot: 1.40 Acres

    407 Main St, Spencer, MA 01562-1909

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    16 Main St
    OFFICE BUILDING
    1,240 SF Lot: 1.40 Acres
    Value Estimation by Request

    16 Main St, Spencer, MA 01562-2419

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    294 Main St
    OFFICE BUILDING
    2,046 SF Lot: 0.25 Acres
    Value Estimation by Request

    294 Main St, Spencer, MA 01562-1840

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    270 Main St
    OFFICE BUILDING
    2,937 SF Lot: 0.52 Acres
    Value Estimation by Request

    270 Main St, Spencer, MA 01562-1811

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    1 Spencer Rd
    OFFICE BUILDING
    59,508 SF Lot: 1.84 Acres
    Estimated value
    $7,815,000

    1 Spencer Rd, Spencer, MA 01562-2643

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    170 Main St
    OFFICE BUILDING
    6,426 SF Lot: 0.20 Acres
    Value Estimation by Request

    170 Main St, Spencer, MA 01562-2117

    View details

    Spencer, MA Office Spaces Investment Opportunities Market Analysis

    Explore 15 office spaces 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, with an estimated market value of $1,595,000.

    Sale prices for office spaces in Spencer, MA start at $1,595,000, averaging $1,595,000, and reaching up to $1,595,000 — 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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    Top Commercial Asset Segments

    Office Units 4
    Medical Office Space 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    01562 $1.6M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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