Spencer, IA
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    Spencer, IA Automotive Properties for Sale

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    Fostoria, IA Everly, IA Milford, IA
    Former Truck Shop with Extras
    $350,000
    9,800 SF

    Former Truck Shop with Extras

    906 E Milwaukee St, Spencer, IA 51301

    Insulated, heated shop with office, equipment, and additional 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
    Updated: Aug 28, 2025
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    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.

    Turnkey Auto Parts Store
    $414,000
    0.52 Acres

    Turnkey Auto Parts Store

    Profitable auto parts store with strong market presence on Main.

    1705 W Main Street, Sac City, IA 50583
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    Profitable Auto Parts Store
    $305,000

    Profitable Auto Parts Store

    Turnkey auto parts store with strong market presence on Main.

    1705 W Main Street, Sac City, IA 50583
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    Automotive Service Buildings
    $264,900
    0.11 Acres

    Automotive Service Buildings

    Two commercial auto-oriented buildings offer office space, a substantial work area, and an added rental or storage option.

    119 7th Street NW, Sioux Center, IA 51250
    View details
    Sioux Center Commercial Buildings
    $264,900
    2,220 SF

    Sioux Center Commercial Buildings

    Two commercial buildings for sale in Sioux Center, Iowa.

    119 7th Street NW St, Sioux Center, IA 51250
    View details

    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.

    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001
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    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land suitable for fast food or service businesses.

    1720 Premier Drive, Mankato, MN 56001
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    Prime Commercial Land I-35 Frontage
    $975,000
    6.50 Acres

    Prime Commercial Land I-35 Frontage

    6.5± acre commercial land with utilities and flexible zoning.

    21133 775th St, Albert Lea, MN 56007
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    Prime Commercial Land I-35 Frontage
    $575,000
    7.00 Acres

    Prime Commercial Land I-35 Frontage

    7-acre commercial land parcel with IDD zoning and utilities.

    21135 775th Ave, Albert Lea, MN 56007
    View details

    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.

    2 21st St
    CAR WASH - SELF-SERVE
    2,490 SF Lot: 0.71 Acres
    Value Estimation by Request

    2 21st St, Spencer, IA 51301-2349

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    1905 Hwy Blvd
    AUTO REPAIR, GARAGE
    17,750 SF Lot: 2.05 Acres
    Value Estimation by Request

    1905 Hwy Blvd, Spencer, IA 51301-2213

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    612 Grand Ave
    GAS STATION
    602 SF Lot: 0.82 Acres
    Value Estimation by Request

    612 Grand Ave, Spencer, IA 51301-5324

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    3740 Hwy 71
    VEHICLE SALES, RENTALS
    6,000 SF Lot: 10.40 Acres
    Estimated value
    $1,725,000

    3740 Hwy 71, Spencer, IA 51301-2060

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    3695 Hwy 71
    VEHICLE SALES, RENTALS
    7,344 SF Lot: 16.00 Acres
    Value Estimation by Request

    3695 Hwy 71, Spencer, IA 51301-2004

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    102 Grand Ave
    AUTO REPAIR, GARAGE
    3,850 SF Lot: 0.38 Acres
    Value Estimation by Request

    102 Grand Ave, Spencer, IA 51301-4223

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    900 Grand Ave
    VEHICLE SALES, RENTALS
    2,500 SF Lot: 2.93 Acres
    Value Estimation by Request

    900 Grand Ave, Spencer, IA 51301-5716

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    713 Grand Ave
    VEHICLE SALES, RENTALS
    12,070 SF Lot: 1.35 Acres
    Value Estimation by Request

    713 Grand Ave, Spencer, IA 51301-3707

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    1202 4th SW Ave
    CAR WASH - SELF-SERVE
    5,231 SF Lot: 1.03 Acres
    Value Estimation by Request

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

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    118 11th St Sw Plz
    VEHICLE SALES, RENTALS
    3,088 SF Lot: 2.31 Acres
    Value Estimation by Request

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

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    228 11th St Se Plz
    VEHICLE SALES, RENTALS
    3,500 SF Lot: 4.89 Acres
    Value Estimation by Request

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

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    Spencer, IA Automotive Properties Investment Opportunities Market Analysis

    Explore 12 automotive properties for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 9,644 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

    Auto shops 1

    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 median 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 sq ft
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

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