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  1. Bid Banana
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  5. ›Sale or Lease Cherry Street Fire Station

Massachusetts Town of Spencer·Massachusetts

Sale or Lease Cherry Street Fire Station

Closes 11/12/2025$500k – $2MRequest for Proposal
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Description

The Town of Spencer is seeking proposals for the sale or reuse of the former Cherry Street Fire Station, located at 11 Cherry Street, Spencer, MA. The town is looking for proposals that will repurpose the property in a way that benefits the community. Proposals should be submitted in accordance with the requirements outlined in the full RFP, which can be found on the town's website. • The property is a former fire station and is being sold or leased as-is. • Proposals should include a detailed plan for the reuse of the property. • The town is looking for proposals that will benefit the community and enhance the quality of life for residents. • Proposals will be evaluated based on their feasibility, financial viability, and community benefit.

Attached files

Contact

Jeff Bridges

[email protected]

(508) 885-7500 Ext. 132

Key dates

Opened
9/16/2025
Pre-bid meeting
10/15/2025
Closes
11/12/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
BD-26-1596-TOS02-TOS02-120918

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate, as it depends on the specifics of the proposal and the terms of the sale or lease. However, based on the fact that it is a former fire station, the property likely has significant value. A rough estimate for the sale price could be in the range of $500,000 to $2 million, depending on the condition and location of the property. If the town is looking for a lease, the annual rent could be in the range of $50,000 to $200,000.

AI estimate from the solicitation

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