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Clay County, IA Commercial Real Estate for Sale

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Valentine Diner on Grand Avenue
Contact for pricing
520 SF

Valentine Diner on Grand Avenue

208 Grand Ave, Spencer, IA 51301

Iconic diner on high-traffic Grand Avenue in Spencer, Iowa.

  • Iconic "Valentine Diner" - Own a piece of history.
  • High traffic location on Grand Avenue.
  • Opportunity to start a restaurant or coffee shop.
  • Restore the diner to its former glory.
  • Vinyl Siding Construction.
Updated: Dec 17, 2025
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Former Truck Shop with Extras
$350,000
9,644 SF

Former Truck Shop with Extras

906 E Milwaukee St, Spencer, IA 51301

Versatile commercial building with included equipment and additional lot.

  • Large, insulated, and heated 60x180 main shop with concrete floor.
  • Includes adjacent 165' x 208' east lot.
  • Three garage doors (12' to 20' high) with remotes.
  • Equipped with two Hotsy pressure washers, acid wash system, and fire hose system (350 psi).
  • Complete office area with equipment, 5‑line phone system, and computer system.
Updated: Nov 23, 2025
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Light-Filled Home with Large Backyard
$214,900

Light-Filled Home with Large Backyard

Two-bedroom home featuring ample storage and a spacious backyard.

1613 11Th Ave W, Spencer, IA 51301
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Restaurant with Playground and Office
$599,000
5,438 SF

Restaurant with Playground and Office

5,438 SF property featuring restaurant, playground, and office spaces.

202 11Th Street Sw Plz SW, Spencer, IA 51301
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Based on your search, we've compiled 1854 Potential Opportunities for your consideration. Besides 4 Active listings in Clay County, IA, we suggest exploring several alternatives: similar 1849 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

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 Fairgrounds
$630,000
1,536 SF

Commercial Land Near Fairgrounds

5.5 acres with dwelling and garage near Clay County Fairgrounds.

1004 W 18Th St, Spencer, IA 51301
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Explore Off-Market Properties in Clay County, IA

Consider similar Off-Market properties in Clay County, 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.

2900 Hwy E Blvd

2900 Hwy E Blvd

WAREHOUSE, STORAGE • 12,800 SF
Value Estimation by Request
2900 Hwy E Blvd, Spencer, IA 51301
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2970 110th Ave

2970 110th Ave

INDUSTRIAL (GENERAL)
Value Estimation by Request
2970 110th Ave, Everly, IA 51338
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2908 Hwy E Blvd

2908 Hwy E Blvd

WAREHOUSE, STORAGE • 5,000 SF
Value Estimation by Request
2908 Hwy E Blvd, Spencer, IA 51301
View details
2902 Hwy E Blvd

2902 Hwy E Blvd

LIGHT INDUSTRIAL • 10,100 SF
Value Estimation by Request
2902 Hwy E Blvd, Spencer, IA 51301
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302 Boyden St

302 Boyden St

WAREHOUSE, STORAGE • 2,560 SF
Value Estimation by Request
302 Boyden St, Webb, IA 51366
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1502 35th Ave Wa-2

1502 35th Ave Wa-2

WAREHOUSE, STORAGE • 2,400 SF
Value Estimation by Request
1502 35th Ave Wa-2, Spencer, IA 51301-2503
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109 17th St

109 17th St

WAREHOUSE, STORAGE • 4,000 SF
Value Estimation by Request
109 17th St, Spencer, IA 51301
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1502 35th Ave Wb-6

1502 35th Ave Wb-6

WAREHOUSE, STORAGE • 2,400 SF
Value Estimation by Request
1502 35th Ave Wb-6, Spencer, IA 51301-2503
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1709 1st W Ave

1709 1st W Ave

WAREHOUSE, STORAGE • 4,000 SF
Value Estimation by Request
1709 1st W Ave, Spencer, IA 51301
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1208 Milw St

1208 Milw St

WAREHOUSE, STORAGE • 7,024 SF
Value Estimation by Request
1208 Milw St, Spencer, IA 51301
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2012 11th SW Ave

2012 11th SW Ave

LIGHT INDUSTRIAL • 2,196 SF
Value Estimation by Request
2012 11th SW Ave, Spencer, IA 51301-5533
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502 Rumsey St

502 Rumsey St

LIGHT INDUSTRIAL • 4,800 SF
Value Estimation by Request
502 Rumsey St, Everly, IA 51338
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2903 18th St

2903 18th St

WAREHOUSE, STORAGE • 13,795 SF
Value Estimation
$540,000
2903 18th St, Spencer, IA 51301
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1502 35th Ave Wa-1

1502 35th Ave Wa-1

WAREHOUSE, STORAGE • 2,400 SF
Value Estimation by Request
1502 35th Ave Wa-1, Spencer, IA 51301-2503
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Jenkins Ave

Jenkins Ave

WAREHOUSE, STORAGE • 4,800 SF
Value Estimation by Request
Jenkins Ave, Greenville, IA 51343
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1410 35th W Ave

1410 35th W Ave

LIGHT INDUSTRIAL • 3,655 SF
Value Estimation by Request
1410 35th W Ave, Spencer, IA 51301-2501
View details
103 28th St

103 28th St

WAREHOUSE, STORAGE • 3,600 SF
Value Estimation by Request
103 28th St, Spencer, IA 51301-2002
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11th SW Ave

11th SW Ave

WAREHOUSE, STORAGE • 300 SF
Value Estimation by Request
11th SW Ave, Spencer, IA 51301
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2824 B E Ave

2824 B E Ave

WAREHOUSE, STORAGE • 2,484 SF
Value Estimation by Request
2824 B E Ave, Spencer, IA 51301
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1220 9th St

1220 9th St

WAREHOUSE, STORAGE • 2,400 SF
Value Estimation by Request
1220 9th St, Spencer, IA 51301
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Clay County, IA Commercial Real Estate Investment Opportunities Market Analysis

Explore 1276 commercial real estate investment opportunities in Clay County, IA on our commercial real estate marketplace. The current inventory includes 63,114,808 square feet of properties with an estimated value of $153,039,600.

Estimated prices for commercial real estate in Clay County, IA begin at $32,900, with an average of $287,128 and extend to $2,180,000.

In Clay County, IA, current investment values show:

  • Industrial properties positioned at $298,500
  • Other warehouses measuring $302,214
  • Warehouses assessed at $302,214
  • Retail properties calculated at $283,185
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