185 Main St, Spencer, MA 01562
Local realty services provided by:CENTURY 21 AllPoints Realty
185 Main St,Spencer, MA 01562
$1,200,000
- 8 Beds
- 12 Baths
- 9,122 sq. ft.
- Multi-family
- Active
Listed by: donna flannery
Office: era key realty services- spenc
MLS#:73589863
Source:MLSPIN
Price summary
- Price:$1,200,000
- Price per sq. ft.:$131.55
About this home
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....
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Home facts
- Year built:1890
- Listing ID #:73589863
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:12
- Full bathrooms:7
- Half bathrooms:5
- Rooms Total:35
- Basement Description:Concrete, Full
- Living area:9,122 sq. ft.
Heating and cooling
- Heating:Electric, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1890
- Building area:9,122 sq. ft.
- Lot area:0.82 Acres
- Exterior Features:Deck - Roof, Porch
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$131.55
- Tax amount:$6,071 (2026)
Parking
- Total parking spaces:25
- Parking description:Off Street, Paved Drive
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