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For Sale

106 Main St

106 Main St, Spencer, MA 01562

The property is situated at 106 Main Street in the heart of downtown Spencer, Massachusetts, along the Route 9 corridor — the town's primary commercial thoroughfare. Located in central Worcester County, the site offers convenient access to local shops, services, and municipal amenities within walking distance. Spencer is approximately 15 miles west of Worcester, providing residents with proximity to the greater Worcester metropolitan area while maintaining a small-town setting. The Route 9 corridor also connects to nearby towns including Leicester, East Brookfield, and the broader central Massachusetts region.Presenting a 17-unit mixed-use property located on Route 9 in downtown Spencer, Massachusetts, comprising 13 residential units and 4 commercial units. The property currently operates with strong occupancy — 10 of 13 residential units and 3 of 4 commercial units are tenant-occupied, generating rental income that supports the asking price at current rates. All leases are structured on a month-to-month basis, offering a prospective investor maximum flexibility to implement a value-add strategy through unit improvements, rent adjustments, and lease restructuring without the constraints of long-term tenant agreements. Situated along Spencer's primary commercial corridor with steady local foot traffic and convenient access to the greater Worcester area, this property presents a compelling opportunity for an investor seeking immediate cash flow with significant upside potential.

Key features

  • Flexible Lease Structure: All leases are month-to-month, providing a prospective investor maximum flexibility to implement unit improvements, rent adjustments, and lease restructuring without the constraints of long-term tenant agreements.
  • Prime Location: Situated along Spencer's primary commercial corridor with steady local foot traffic and convenient access to the greater Worcester area, approximately 15 miles to the east.
  • Strong Occupancy: 10 of 13 residential units and 3 of 4 commercial units are currently tenant-occupied, generating rental income that supports the asking price at current rates.
  • Value-Add Potential: The month-to-month lease structure creates an easy path for an investor to execute a value-add strategy with significant upside potential while benefiting from immediate cash flow.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Cody Miner

NAI Glickman Kovago & Jacobs

Building Details

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 17,554 SF
  • Units 17
  • Lot Size 0.38 Acre
  • Year Built 1900
  • Date Updated Apr 21, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (74)
  • Bike Score ®

    Somewhat Bikeable (45)
Powered by Walk Score ®

Location

  • City Spencer, MA
  • Neighborhood Spencer
  • Zip Code 01562
  • Market Worcester Springfield
  • Map
  • Street

Points of Interest

Cumberland Farms

1.90 miles

Charlton Service Plaza Westbound - Tesla Supercharger

6.23 miles

I-90 Westbound Charlton

6.25 miles

Gulf

6.27 miles

Mobil

6.80 miles

I-90 Eastbound Charlton

7.30 miles

Charlton Service Plaza Eastbound - Tesla Supercharger

7.37 miles

Nouria

7.44 miles

Tree House Brewing Company - Tesla Destination

7.47 miles

Four Chimneys Parking

3.39 miles

Elliot Cemetery Parking

4.82 miles

Truck Parking

6.19 miles

Car Parking

6.22 miles

general aviation Parking

6.70 miles

Rental car

6.70 miles

ShortTerm Parking

6.70 miles

Long Term Parking

6.73 miles

Freshman Parking

7.07 miles

Squeaky Clean Carwash

7.55 miles

Ernie's Auto Wash

7.73 miles

Hertz

7.93 miles

Mia's Auto Detail

9.53 miles

Holden Car Wash

9.76 miles

Holden Detailing

9.82 miles

Enterprise

9.93 miles

McDonald's

1.11 miles

Subway

1.20 miles

Dunkin' Donuts

1.22 miles

Spencer Country Inn

2.16 miles

308 Lakeside

2.83 miles

Black&White Grille

4.10 miles

East Lodge

5.19 miles

Dining Tent

5.21 miles

Papa Gino's

6.22 miles

Big Y

1.12 miles

Walmart Supercenter

3.15 miles

Hannaford

4.75 miles

Charlton Food Mart

7.46 miles

Tatnuck Mall

7.62 miles

Marshalls

7.80 miles

Shaw's

7.90 miles

Park 'n Shop

8.15 miles

TJ Maxx

8.19 miles

Spencer Police Dept

0.69 miles

Spencer Fire Department

0.72 miles

East Brookfield Fire Department

3.04 miles

East Brookfield Police Department

3.15 miles

Leicester Fire Department

4.19 miles

Leicester Police Department

4.77 miles

North Brookfield Fire/Rescue

4.78 miles

North Brookfield Police Dept

4.78 miles

State Police Station C-3, Brookfield

5.46 miles

106 Main St Listing Summary

  • What is the asking price at 106 Main St?

    106 Main St is currently listed for sale at Contact for pricing.

  • What is the total size of 106 Main St?

    106 Main St has a total of 17,554 square feet.

  • What is the year built for 106 Main St?

    The year built for 106 Main St is 1900.

Contact Listing Broker
broker
Cody Miner

NAI Glickman Kovago & Jacobs

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