Main St, Spencer, MA 01562 For Sale

Main Street Self Storage is 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 suburb to the city of Worcester, Spencer 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.

Site & Building Design

The development will utilize 16.48 net acres to deliver seven buildings across two phases, totaling approximately 87,500 gross square feet. The multi-story design of the climate controlled buildings maximizes rentable density while minimizing land coverage, leaving ample room for parking, and future expansion. Drive-up non-climate controlled units provide the ground-floor convenience that a significant segment of self storage renters demand, while the interior CC product targets the premium renter willing to pay for a fully protected environment.

Phase I establishes the property with 445 units — a mix of 225 climate controlled interior units and 220 non-climate controlled drive-up units — representing approximately 60,550 SF. Phase II mirrors the Phase I CC building, adding an additional 225 climate controlled units and bringing the total project to 670 units and 87,500 SF. The phased approach allows the operator to respond to lease-up velocity and local market conditions when determining the optimal timing for Phase II construction.

Municipal approvals include signage for the proposed self storage development.

Property Amenities

• Gated and secured access with electronic keypad entry
• 24-hour digital security camera monitoring throughout all buildings and common areas
• Ground-floor drive-up accessible units for maximum convenience
• Fully climate controlled interior units for sensitive items, temperature and humidity regulated year-round
• Multi-story building design with interior corridors and elevator access
• Ample on-site parking to accommodate moving trucks, trailers, and customer vehicles
• High-visibility signage opportunity along heavily trafficked East Main Street