About 106 Main St
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. Do not contact the residences or the business on property.
Pricing and availability subject to change.
Amenities
| Parking Spaces |
14
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Fireplace |
No
|
| # of Stories |
3
|
| Stories |
3
|
| Has Basement |
No
|
Exterior
| Lot Description |
Corner Lot
|
| Foundation |
Concrete Perimeter
|