358 Main St Spencer, MA 01562
- Commercial real estate
- 2.02 lot acres
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
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spencer
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.97012
- Latitude
- 42.25247