369 East Main Street
369 East Main Street photo 2
2 photos

$1,790,000

369 East Main Street
Spencer, MA 01562
Listed by Nathan L Beliveau- Robinson · NAI Norwood Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
5083438
Property type
Land
Subdivision
N/A
Status
Active
Days on market
120
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
16.47 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Wire Village School
0.41 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
13.0:1
District
Spencer-E Brookfield
Middle
Knox Trail Middle School
1.21 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
408
Student:teacher ratio
13.6:1
District
Spencer-E Brookfield
High
David Prouty High
0.51 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
343
Student:teacher ratio
14.3:1
District
Spencer-E Brookfield

Mortgage calculator

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Est. monthly payment
$10,930/mo
$358,000 down
$1,432,000 loan
Principal & interest$9,288
Property tax (est.)$1,492
Home insurance (est.)$150

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