40 Chestnut Street Spencer, MA ^$ 699,000

40 Chestnut Street

^$ 699,000

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Recently Listed

40 Chestnut Street

Spencer, MA, 01562

^$ 699,000

Bedrooms-- Baths2.0 Sq 2,980

Monthly Estimate*

^$ 4,414

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Commercial Property for sale in Spencer, MA

for $699,000 with 2 full baths. This 2,980 square foot building was built in 1890.

Don't miss this opportunity! Owners are retiring and looking to hand their pride and joy to future buyers. Step back in time to this classic tavern with a spectacular center Brunswick Bar surrounded by rustic wood, tin ceilings, oak paneling, two pool tables, dart boards, wide screen projector, full kitchen with stainless hood, fryolators, Wine cellar. The second floor is perfectly set up for banquets, functions, and large gatherings up to 80 people, a second full bar, tv's, ice maker, too much to list. This is your opportunity to own a well established business with excellent cash flow!!

Commercial Active

Price

^$ 699,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Bar/Tavern/Lounge

Year Built

1890

Town/City

Spencer

County/Region

Worcester

MLS | Web ID

73556319

List By

The Balestracci Group

Listing Agent

Lamacchia Realty, Inc.

Broker

Affordability Calculator

$4,414

Per Month

Monthly Principal & Interest: $4,414
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Spencer, MA

Average List Price ^$676,333

Percent of Sale Price 3%

About Spencer, MA

11,991 Population

3% Since 2002

^$65,972 Median Income

43.77 Median Age

21% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
7/29/2026	$699,000		Listed Price

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40 Chestnut Street, Spencer, MA, 01562 is a Commercial Property for sale at $699,000 with 2,980 sqft. 40 Chestnut Street has 2.0 baths and was built in 1890. The property's zip code is 01562 which is in Spencer, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 8/2/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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40 Chestnut Street

Commercial Property for sale in Spencer, MA

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