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185 Main St, Spencer MA 01562

Commercial Sale

First time on the market! Rare opportunity to own a historic mixed-use property in a central Spencer location with 17 rental units and multiple income-producing uses. The property includes 7 residential 1- and 2-bedroom apartments and 10 commercial office spaces, offering a diverse tenant mix.Current gross annual income is $153,296 with reported annual expenses of $56,240. The 3-story building, originally established circa 1890, offers approximately 9,934 square feet of combined residential and office space and retains charming historic details throughout.The property sits on approximately 0.82 acres with 25+ off-street parking spaces and additional land that may offer potential for expanded parking and/or additional buildings, subject to town approvals. Public water and sewer, natural gas, paved parking, and legal-conforming mixed-use zoning add to the property's functionality.Located near downtown and adjacent to beautiful Isaac Prouty Veterans Park, with easy access to public transportation, shopping, restaurants, and other amenities. Conveniently situated less than 15 minutes from Worcester Regional Airport, the Mass Pike, and major routes.A unique opportunity to acquire a well-located mixed-use property with established rental income, a diversified unit mix, ample parking, and potential for future growth.

This home has been viewed 21 times

Last Checked: October 28th, 2026 at 8:18am (Source: MLS PIN #73580408)

General Information for 185 Main St, Spencer MA 01562

Listing ID73580408

Property TypeCommercial Sale

Price$1,200,000

Style

CitySpencer

CountyWorcester

Neighborhood(s)

ZoningVR

Year Built1890

Disclosures for 185 Main St, Spencer MA 01562

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsWall Mounted Tv's-Brackets To Remain

Compensation Based On

Contact Information for 185 Main St, Spencer MA 01562

Agent

Name: Donna Flannery

Office

Name: ERA Key Realty Services- Spenc

Phone: 508-885-6336

Exclusive Listing Agent

ERA Key Realty Services- Spenc

Donna Flannery

Agent Phone

Office Phone

(508) 885-6336

Text Agent Call Agent Call Office

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EXIT

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