Spencer MA Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.02 Acres
Year built:
1945
Baths:
MLS#:
73282906

ADDITIONAL INFORMATION

Giant price drop! Commercial Zone property currently set up as residence. Convenient location zoned for professional office, health services, salon, small retail. Square footage does not include 2400 partially finished basement. Lots of natural light, custom built-ins, and modern updates. Four season sunroom with indoor swim spa pool and hot tub! Ranch style home has new 3 bedroom septic system, roof, kitchen & bath cabinets, stainless appliances, granite counters, lighting, tiled tub/shower, air conditioning, electrical service. Spacious rooms with refinished hardwood floors, hidden wet bar, repaved double wide circular drive, security system, professional landscaping. Freshly painted lower level offers 3 additional rooms for gym, recreation, or hobbies along with a 3/4 bath, Buderus utility room, washer & dryer, cedar closet. Large shed with garage door and electricity. Property abuts 300+ acres Land Trust with its access to Mid-State Trail, snowmobiling, hiking, horseback riding.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1879
Baths:
3.00
MLS#:
73240795

ADDITIONAL INFORMATION

Major price reduction!! This investment makes money and potential to add another rental space.. Spencer's Downtown Business Boom and on one of the quickest growing Streets (new Barber Shop, Spa, Framing Shop, Print shop and Restaurant which joins the anchors Pizza Shop and Flower Shop). Built in 1879 as the new Spencer Railroad Depot this building has so much character and the possibilities are endless - looking to invest & have 2 great long term tenants or looking to open a new restaurant, antique shop, hair salon, coffee shop and have a great 2 bedroom apartment for extra income. Current owner has updated the entire first floor making all of the first floor (including bathrooms) handicap accessible and has created a large (882sq ft) dance room w/sprung floor, smaller dance room (276sqft) and office-2 large 1/2 baths - updated heating and ac, electrical, roof on 2 story & some windows. Addition built in 1969 adding 2 floors of space. Off Street parking spaces on both sides of bld

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Spencer Real Estate

The median home value in Spencer, MA is $440,000. This is higher than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in Spencer, MA is $440,000. Approximately 57.61% of Spencer homes are owned, compared to 32.08% rented, while 10.31% are vacant. Spencer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spencer real estate agent to arrange a tour today!

Spencer, Massachusetts has a population of 11,963. Spencer is less family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 31.47%.

The median household income in Spencer, Massachusetts is $68,559. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Spencer is 47.9 years.

Spencer Weather

The average high temperature in July is 79.5 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 48.1 inches per year, with 58.4 inches of snow per year.

Spencer Real Estate Market Conditions

  • Median sales price

    $440,000
    14% change since last quarter
  • # Active listings

    31
    30-day change

Spencer Schools and Demographics

Education near Spencer, MA

Metric City County
High School Graduates 92.68 91.56
College Degree - 2 year 6.84 9.06
College Degree - 4 year 23.69 38.06
Graduate Degree 8.05 11.77
Expenditures per Student 19,742 19,742
Students per Teacher 12.7 12.7

Elementary Schools near Spencer, MA

School Grades Students P/T Ratio ZIP
East Brookfield Elementary School KG - 06 190 13.6 01515
Lake Street PK - 01 316 18.8 01562
Leicester Memorial Elementary School 03 - 05 397 17.6 01524
Leicester Primary School PK - 02 393 17.1 01524
North Brookfield Elementary School PK - 06 341 16.3 01535
Paxton Center KG - 08 537 16.8 01612
Wire Village School 02 - 05 427 16.4 01562

Middle Schools near Spencer, MA

School Grades Students P/T Ratio ZIP
Knox Trail Junior High School 06 - 08 345 13 01562
Leicester Middle School 06 - 08 382 15.3 01524

High Schools near Spencer, MA

School Grades Students P/T Ratio ZIP
David Prouty High School 09 - 12 421 13.4 01562
Leicester High School 09 - 12 433 12.3 01524
North Brookfield High School 07 - 12 232 10.3 01535

Demographics near Spencer, MA

Metric City County
Neighborhood Type Suburban
Population 11,963 856,858
Population Density 364 567
Median Age 47.9 40.2
People per Household 2.3 2.5
Median Household Income 68,559 81,660
Average Income per Capita 39,729 41,528