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Spencer, IA

Automotive

Spencer, IA Automotive Properties for Sale

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Fostoria, IA Everly, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Ruthven, IA Peterson, IA Graettinger, IA

Former Truck Shop with Extras

Updated: Aug 28, 2025

Former Truck Shop with Extras

906 E Milwaukee St, Spencer, IA 51301

$350,000

9,800 sqft 0.79 AC lot

Large 60x180 insulated and heated building (approx. 9000 sq ft shop + 800 sq ft office)
Includes valuable equipment: Two Hotsy pressure washers, acid wash system, fire hose system (350 psi), complete office equipment, 5‑line phone system, computer system
Multiple large garage doors (12'-20' high) with remotes
Complete office area with equipment, 3 bathrooms, washer/dryers, and shower
New heater and new water heater

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Flex Building with Signage

Automotive Flex Building with Signage

1100 North State Street, Fairmont, MN 56031

$599,900

15,000 sqft 1.00 AC lot

Two-building setup with heated office/showroom and service shop plus warehouse space on a high-visibility corridor.

Auto Parts Store on Main Street

Auto Parts Store on Main Street

1705 W Main Street, Sac City, IA 50583

$305,000

Turnkey auto parts store offering parts and supplies services at 1705 W Main Street.

Shell Gas Station Investment Opportunity

Shell Gas Station Investment Opportunity

1552 Albion Avenue, Fairmont, MN 56031

$971,429

1,992 sqft

NNN leased Shell station with 19 years remaining in Minnesota.

Turnkey Auto Parts Store

Turnkey Auto Parts Store

1705 W Main Street, Sac City, IA 50583

$414,000

0.52 AC lot

Profitable auto parts store with strong market presence on Main.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Multi-Building Flex and Warehouse Property

Multi-Building Flex and Warehouse Property

1703 E Lakeshore Drive, Storm Lake, IA 50588

$599,000

Four-plus acre C-Commercial site with multiple warehouse and office-ready buildings for businesses needing storage and frontage exposure.

Commercial Land Near Retail Hub

Commercial Land Near Retail Hub

1770 Premier Drive, Mankato, MN 56001

Contact for pricing

Land available in high-traffic area near major retailers.

Commercial Land Near Retail Hub

Commercial Land Near Retail Hub

1720 Premier Drive, Mankato, MN 56001

Contact for pricing

Land suitable for fast food or service businesses.

Commercial Development Land with IDD Zoning

Commercial Development Land with IDD Zoning

21133 775th St, Albert Lea, MN 56007

$975,000

6.50 AC lot

6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

Off-Market Properties in Spencer, IA

Consider similar Off-Market properties in Spencer, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAR WASH - SELF-SERVE

2 21st St, Spencer, IA 51301-2349

Value Estimation by Request

2,490 sqft 0.71 AC lot

AUTO REPAIR, GARAGE

1905 Hwy Blvd, Spencer, IA 51301-2213

Value Estimation by Request

17,750 sqft 2.05 AC lot

GAS STATION

612 Grand Ave, Spencer, IA 51301-5324

Value Estimation by Request

602 sqft 0.82 AC lot

VEHICLE SALES, RENTALS

3740 Hwy 71, Spencer, IA 51301-2060

$1,725,000

Estimated value

6,000 sqft 10.40 AC lot

VEHICLE SALES, RENTALS

3695 Hwy 71, Spencer, IA 51301-2004

Value Estimation by Request

7,344 sqft 16.00 AC lot

AUTO REPAIR, GARAGE

102 Grand Ave, Spencer, IA 51301-4223

Value Estimation by Request

3,850 sqft 0.38 AC lot

VEHICLE SALES, RENTALS

900 Grand Ave, Spencer, IA 51301-5716

Value Estimation by Request

2,500 sqft 2.93 AC lot

VEHICLE SALES, RENTALS

713 Grand Ave, Spencer, IA 51301-3707

Value Estimation by Request

12,070 sqft 1.35 AC lot

1202 4th SW Ave

CAR WASH - SELF-SERVE

1202 4th SW Ave, Spencer, IA 51301-5807

Value Estimation by Request

5,231 sqft 1.03 AC lot

118 11th St Sw Plz

VEHICLE SALES, RENTALS

118 11th St Sw Plz, Spencer, IA 51301-5802

Value Estimation by Request

3,088 sqft 2.31 AC lot

228 11th St Se Plz

VEHICLE SALES, RENTALS

228 11th St Se Plz, Spencer, IA 51301-6000

Value Estimation by Request

3,500 sqft 4.89 AC lot

Spencer, IA Automotive Properties Market Trends and Statistics

Explore 12 automotive properties for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 9,800 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for automotive businesses in Spencer, IA start at $350,000, averaging $350,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 12K

Population Growth (5Y) +0.0%

Median Household Income $61,175

College Educated 35.9%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
51301	$350K

Taxes & Financing

Tax Rate (average for all types) 2.27%

Property Tax per SF $32.12 per SF

Tax Rate vs County Average 0.19 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clay County

New Delisted

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51301