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Property profile & analytics

358 Main St Spencer, MA 01562

  • Commercial real estate
  • 2.02 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US38-0645647
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 358 Main St

Year built
1945
Lot size
2.02 lot acres
Property type
Commercial real estate

Description

This exceptional 2.02-acre property at 358 Main Street in Spencer, MA, presents a unique investment opportunity. Currently configured as a residence, this property is ideally suited for a variety of commercial ventures, thanks to its convenient location within a commercial zone. The zoning allows for professional offices, healthcare services, salons, or small retail establishments. While the main living area offers ample space with numerous modern updates, the true potential lies in its adaptability. The home boasts a newly renovated kitchen featuring stainless steel appliances and granite countertops, updated bathrooms with tiled showers, and refinished hardwood floors throughout. The spacious rooms are enhanced by custom built-ins and abundant natural light. A four-season sunroom provides a relaxing retreat, complete with an indoor swim spa and hot tub. The property also includes a 2400 square foot partially finished basement, offering significant additional space for expansion or storage. The lower level features three additional rooms, perfect for a gym, recreation area, or hobbies, along with a 3/4 bathroom, a utility room housing a Buderus system, laundry facilities, and a cedar closet. Exterior features include a repaved double-wide circular driveway, professional landscaping, and a large shed with a garage door and electricity. A new three-bedroom septic system, roof, and updated electrical service ensure peace of mind. The property's adjacency to over 300 acres of Land Trust provides access to the Mid-State Trail, offering opportunities for hiking, snowmobiling, and horseback riding. This property offers a rare blend of residential comfort and significant commercial potential. The asking price is $749,900.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Spencer
County
Worcester
State
Massachusetts
Longitude
-71.97012
Latitude
42.25247
More about this property
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