Contact for pricing 17,554 SF

106 Main St, Spencer, MA 01562
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This mixed-use property at 106 Main Street in downtown Spencer, Massachusetts comprises 17 total units, including 13 residential units and 4 commercial units. Tenancies historically include 10 of the 13 residential units and 3 of the 4 commercial units, and the property is configured with month-to-month lease structures. The building is located along Route 9, providing access to the greater Worcester area, and the property’s combined residential and commercial layout supports diversified space types for potential operational use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$6k

Tax billed · 2024

Assessed value$511k

Assessed land$57k

Assessed improvement$454k

Effective rate1.14%

Value estimate

· Nov 2026

$340k

$306k – $374k

Submarket $/SF estimate$1.11M

NOI build-up

Gross scheduled income$385k

Vacancy & credit loss−$10k

Operating expenses−$169k

NOI · 18.77% cap applied$207k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?

$110/SF

County average, outlier-cleaned · 740 recorded sales of this use type

Observed band · Q1–Q3$63 – $171

Qualifying comparables4

Cap rate analysis

How does the asset earn?

18.77%

$207k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPENCER

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility10.5

Law Firm9.5

HVAC Service9.4

106 Main St Spencer, MA 01562

County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

152 Main, Spencer, MA 01562-2162 $775,000 Feb 2025 10,577 SF

148 Main, Spencer, MA 01562-2167 $375,000 Mar 2024 6,350 SF

117 Main, Spencer, MA 01562-2125 $50,000 Apr 2023 23,342 SF

136 Main, Spencer, MA 01562-2169 $100,000 Dec 2022 7,112 SF

13 Mechanic, Spencer, MA 01562-2275 $290,000 Feb 2022 4,470 SF

150 Main, Spencer, MA 01562-2124 $355,000 Nov 2018 6,332 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,500,000

23,342 SF

117 Main St

OFFICE/RESIDENTIAL (MIXED USE)

117 Main St, Spencer, MA 01562-2125

View Details
Value Estimation
$790,000

11,811 SF

200 Main St

OFFICE/RESIDENTIAL (MIXED USE)

200 Main St, Spencer, MA 01562-1764

View Details
Value Estimation
$375,000

6,350 SF

148 Main St

OFFICE/RESIDENTIAL (MIXED USE)

148 Main St, Spencer, MA 01562-2167

View Details
Value Estimation
$270,000

5,108 SF

163 Main St

OFFICE/RESIDENTIAL (MIXED USE)

163 Main St, Spencer, MA 01562-2114

View Details
Value Estimation
$255,000

4,911 SF

42 Main St

OFFICE/RESIDENTIAL (MIXED USE)

42 Main St, Spencer, MA 01562-2138

View Details
Value Estimation
$250,000

4,800 SF

20 Nwnw Rd

OFFICE/RESIDENTIAL (MIXED USE)

20 Nwnw Rd, Spencer, MA 01562-1301

View Details

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106 Main St Spencer, MA 01562

Property summary