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Spencer, MA

Specialty

Spencer, MA Specialty Properties for Sale

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Leicester, MA East Brookfield, MA North Brookfield, MA Brookfield, MA Paxton, MA Charlton, MA Oxford, MA Worcester, MA

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

Greenhouse and Garden Center Property

Updated: Jul 10

Greenhouse and Garden Center Property

48 North Spencer Rd, Spencer, MA 01562

$980,000

5.11 AC lot

Owner‑operated greenhouse and garden center offered with its operating real estate on 5.11± acres
Includes five operating greenhouse structures plus additional greenhouse structures that may convey
2,132 SF residence with detached garage and an accessory building
Spencer Greenery includes paved parking and is located on Route 31
Offering includes three ANR‑approved lots, plus Vacant Lots 1 and 2 for future development (subject to buyer due diligence on permitting and wetlands)

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 42 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 1 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.

Detached Garage Multifamily Building

Detached Garage Multifamily Building

106 Mill St, Worcester, MA 01603

$789,900

3,632 sqft

Income-producing multifamily with detached garage, off-street parking, and multiple porches plus a workshop-equipped basement.

Flexible Specialty Building

Flexible Specialty Building

100 North St, Southbridge, MA 01550

$180,000

4,000 sqft

Open-concept building with multiple rooms, a full basement, and oil heat, currently configured as a dance studio.

Single-Tenant Restaurant NNN Ground Lease

Single-Tenant Restaurant NNN Ground Lease

632 Park Avenue, Worcester, MA 01603

$1,475,000

1.03 AC lot

Applebee’s is leased on an absolute NNN ground lease with tenant responsibility for taxes, insurance, maintenance, and repairs.

Southbridge Retail Investment Opportunity

Southbridge Retail Investment Opportunity

121 North St, Southbridge, MA 01550

Contact for pricing

12,240 sqft 1.00 AC lot

Dollar Tree property with 7.5% CAP rate in Southbridge.

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.

Hopkinton Land Site on Route 135

Hopkinton Land Site on Route 135

124 E Main St, Hopkinton, MA 01748

Contact for pricing

7.29 AC lot

Prime 7.29 acre land site in affluent Hopkinton, MA.

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.

69 Browning Pond Rd

CHARITABLE ORGANIZATION

69 Browning Pond Rd, Spencer, MA 01562-1104

Estimated value:

$250,000

9.99 AC lot

81 Browning Pond Rd

CHARITABLE ORGANIZATION

81 Browning Pond Rd, Spencer, MA 01562-1104

Estimated value:

$45,000

792 sqft 0.73 AC lot

73 Browning Pond Rd

CHARITABLE ORGANIZATION

73 Browning Pond Rd, Spencer, MA 01562-1104

Estimated value:

$80,000

684 sqft 32.99 AC lot

63 Browning Pond Rd

CHARITABLE ORGANIZATION

63 Browning Pond Rd, Spencer, MA 01562-1104

Estimated value:

$245,000

1.00 AC lot

126 Main St

CHARITABLE ORGANIZATION

126 Main St, Spencer, MA 01562-2150

Estimated value:

$65,000

11,290 sqft 0.37 AC lot

23 Maple St

FUNERAL HOME

23 Maple St, Spencer, MA 01562-2575

Estimated value:

$335,000

5,142 sqft 0.86 AC lot

173 Greenville St

CHARITABLE ORGANIZATION

173 Greenville St, Spencer, MA 01562-2703

Estimated value:

$270,000

25.75 AC lot

Greenville St

CHARITABLE ORGANIZATION

Greenville St, Spencer, MA 01562

Estimated value:

$275,000

82.22 AC lot

131 Greenville St

CHARITABLE ORGANIZATION

131 Greenville St, Spencer, MA 01562-2703

Estimated value:

$270,000

25.00 AC lot

Greenville St

CHARITABLE ORGANIZATION

Greenville St, Spencer, MA 01562

Estimated value:

$270,000

13.32 AC lot

204 Main St

CHARITABLE ORGANIZATION

204 Main St, Spencer, MA 01562-1796

Estimated value:

$480,000

6,563 sqft 1.04 AC lot

Greenville St

CHARITABLE ORGANIZATION

Greenville St, Spencer, MA 01562

Estimated value:

$275,000

59.50 AC lot

106 Mechanic St

CHARITABLE ORGANIZATION

106 Mechanic St, Spencer, MA 01562-2580

Estimated value:

$285,000

1,626 sqft 0.36 AC lot

Main St

CHARITABLE ORGANIZATION

Main St, Spencer, MA 01562

Estimated value:

$280,000

237.00 AC lot

Greenville St

CHARITABLE ORGANIZATION

Greenville St, Spencer, MA 01562

Estimated value:

$260,000

2.10 AC lot

6 Bixby Rd

CHARITABLE ORGANIZATION

6 Bixby Rd, Spencer, MA 01562-2402

Estimated value:

$275,000

5,888 sqft 1.61 AC lot

14 William Casey Rd

CHARITABLE ORGANIZATION

14 William Casey Rd, Spencer, MA 01562-3032

Estimated value:

$295,000

2,086 sqft 1.65 AC lot

53 Smithville Rd

CHARITABLE ORGANIZATION

53 Smithville Rd, Spencer, MA 01562-1338

Estimated value:

$260,000

0.98 AC lot

51 Smithville Rd

CHARITABLE ORGANIZATION

51 Smithville Rd, Spencer, MA 01562-1338

Estimated value:

$265,000

1.14 AC lot

43 Smithville Rd

CHARITABLE ORGANIZATION

43 Smithville Rd, Spencer, MA 01562-1316

Estimated value:

$265,000

1.26 AC lot

Smithville Cross Rd

CHARITABLE ORGANIZATION

Smithville Cross Rd, Spencer, MA 01562

Estimated value:

$255,000

5.99 AC lot

45 Smithville Rd

CHARITABLE ORGANIZATION

45 Smithville Rd, Spencer, MA 01562-1338

Estimated value:

$250,000

1.51 AC lot

Spencer, MA Specialty Properties Market Trends and Statistics

Explore 37 specialty properties for sale in Spencer, MA on our real estate platform.

Sale prices for properties in Spencer, MA start at $980,000, averaging $982,500, and reaching up to $985,000 — 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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
01562	$980K

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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