369 E Main St, Spencer, MA 01562

$1,790,000

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Listing courtesy of Nathan L Beliveau- Robinson from NAI Norwood Group. ()

List Price
$1,790,000
Status
ACTIVE
Price Change
▼ $710,000 1780951597
MLS#
5083438
Subtype
Land
Lot Size
717,433
Acres
16.47

Property Description

Main Street Self Storage is shovel ready and strategically located near the intersection of East Main Street (Route 9) and Donnelly Road in Spencer, MA, approximately 15 miles west of the city of Worcester, MA. The property benefits from strong visibility along a primary commercial corridor with over 13,588 vehicles per day (massDOT) and direct access to Worcester and the I-90/Mass Pike, making it highly accessible to the surrounding trade area. As a sub-burb to the city of Worcester, Spencer, Ma is ideally positioned for a best-in-class self-storage development. Worcester itself is home to major employers in healthcare, education, and manufacturing, including University of Massachusetts Medical School, Hanover Insurance, and Saint Vincent Hospital with employees who increasingly settle in Spencer and surrounding communities. The town’s own projected population growth all point to a durable and expanding demand base for self-storage. Signage is included as part of the municipal approvals.

Additional Information

Zoning
C

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