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    Spencer, IA

    Spencer, IA Commercial Real Estate for Sale

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    Fostoria, IA Everly, IA Milford, IA West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Ruthven, IA Peterson, IA
    13 properties
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    Premium Commercial Unit in Spencer
    Updated: Feb 19
    Premium Commercial Unit in Spencer

    11th Avenue, Spencer, IA 51301

    $285,000
    3,200 sqft
    Prime Location: Excellent exposure just off Hwy 71 in Spencer.
    New Construction: Built in 2023, ensuring modern standards and minimal maintenance.
    High‑Quality Construction: Features southern yellow pine framing, 6‑inch reinforced concrete floors, and robust insulation.
    Flexible Usage: Ideal for storage, contractor space, small business operations, or investment.
    Essential Utilities: Serviced with city water & sewer, natural gas (Black Hills Energy), and electricity (Iowa Lakes Electric).
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    Office Warehouse in West Industrial
    Updated: Apr 7
    Office Warehouse in West Industrial

    1502 35th Ave W, Spencer, IA 51301

    $179,900
    2,400 sqft
    2400 sq ft office warehouse space
    Features a 14ft x 14ft overhead door
    Heated and cooled for year‑round comfort
    Includes a built‑in bar
    Has a kitchen area
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    Former Truck Shop with Extras
    Former Truck Shop with Extras

    906 E Milwaukee St, Spencer, IA 51301

    $350,000
    9,800 sqft 0.79 AC lot

    Insulated, heated shop with office, equipment, and additional lot.

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

    700 11th St SW, Spencer, IA 51301

    Contact for pricing
    42,756 sqft

    Retail center with national tenants and minimal landlord responsibilities.

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    Premium Commercial Unit in Spencer
    Premium Commercial Unit in Spencer

    11th Avenue, Spencer, IA 51301

    $285,000
    3,200 sqft

    New commercial unit with excellent exposure off Hwy 71.

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    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    2 N Grand Ave, Spencer, IA 51301

    $399,000

    Property combines office, retail, and warehouse space with detached garage and private off-street parking.

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    Multi-Office Commercial Suite
    Multi-Office Commercial Suite

    207 10th Street, Spencer, IA 51301

    Contact for pricing
    4,000 sqft

    Commercial space offers nearly 4,000 square feet with multiple offices, a kitchenette, and additional storage area.

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    LEED Industrial Warehouse Facility
    LEED Industrial Warehouse Facility

    1601 E. 4th Street, Spencer, IA 51301

    Contact for pricing
    40,000 sqft

    LEED-designed industrial warehouse with high-bay windows, 35' side walls, and 39' peak heights next to a rail line.

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    Prime Retail Location Available
    Prime Retail Location Available

    1015 S Grand Avenue, Spencer, IA 51301

    Contact for pricing
    1,250 sqft 0.64 AC lot

    Retail space in high-traffic area near US HWY 18/71.

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    Retail Building with Residential Units
    Retail Building with Residential Units

    519 Grand Ave, Spencer, IA 51301

    $329,900

    Established retail space with two occupied apartments on Grand Avenue in Spencer, offering combined commercial and residential income.

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    Recently Renovated Retail Office Building
    Recently Renovated Retail Office Building

    323 N. Grand Ave. and 8 West 4th Street, Spencer, IA 51301

    Contact for pricing

    Completely leased renovated historical building with three stable tenants and potential second-level residential conversion.

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    Mixed-Use Retail Building
    Mixed-Use Retail Building

    417 N Grand Ave, Spencer, IA 51301

    Contact for pricing

    Ground-level retail space is available with an unfinished upper floor and basement.

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    Heated Flex Warehouse Suite
    Heated Flex Warehouse Suite

    1520 35th Avenue Unit 2, Spencer, IA 51301

    Contact for pricing

    Fully insulated warehouse suite with in-floor heat, high bay lighting, and a 14' garage door for straightforward access.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Unique Rural Improvement Site
    Unique Rural Improvement Site

    Peterson, IA 51047

    $450,000
    74,780 sqft 6.40 AC lot

    6.40-acre property with over 74,780 sqft of enclosed space.

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    Iowa Rural Improvement Site
    Iowa Rural Improvement Site

    4545 120th Ave, Peterson, IA 51047

    Contact for pricing
    74,780 sqft 6.40 AC lot

    6.40-acre property with 74,780 sqft of enclosed space.

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    Commercial Land in Milford, Iowa
    Commercial Land in Milford, Iowa

    00 P Avenue, Milford, IA 51351

    $975,000
    4.70 AC lot

    4.7-acre commercial parcel ready for development in Milford, Iowa.

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    Turn-Key Tavern Restaurant
    Turn-Key Tavern Restaurant

    901 Okoboji Ave, Milford, IA 51351

    Contact for pricing

    Business-only tavern sale includes furniture and fixtures, with updated bathrooms and a recently added outdoor patio.

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    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.

    715 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    715 Grand Ave, Spencer, IA 51301-5731

    Value Estimation by Request
    3,538 sqft 0.79 AC lot
    View details
    325 11th SW St
    RETAIL STORES (PERSONAL SERVICES)

    325 11th SW St, Spencer, IA 51301-5801

    Value Estimation by Request
    4,055 sqft 0.41 AC lot
    View details
    2311 18th St
    OFFICE BUILDING

    2311 18th St, Spencer, IA 51301-2631

    Value Estimation by Request
    4,032 sqft 0.42 AC lot
    View details
    1014 11th SW Ave
    RETAIL STORES (PERSONAL SERVICES)

    1014 11th SW Ave, Spencer, IA 51301-6207

    $800,000
    Estimated value
    32,801 sqft 2.94 AC lot
    View details
    10 3rd St
    RETAIL STORES (PERSONAL SERVICES)

    10 3rd St, Spencer, IA 51301-4132

    Value Estimation by Request
    6,600 sqft 0.32 AC lot
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    303 34th W Ave
    PROFESSIONAL CLUBS/ASSOCIATIONS

    303 34th W Ave, Spencer, IA 51301-2320

    Value Estimation by Request
    1,564 sqft 0.50 AC lot
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    215 10th SW St
    WAREHOUSE, STORAGE

    215 10th SW St, Spencer, IA 51301-5626

    Value Estimation by Request
    3,960 sqft 0.15 AC lot
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    915 13th SW St
    RETAIL STORES (PERSONAL SERVICES)

    915 13th SW St, Spencer, IA 51301-5566

    $865,000
    Estimated value
    16,800 sqft 4.92 AC lot
    View details
    317 18th St
    MOBILE HOME PARK, TRAILER PARK

    317 18th St, Spencer, IA 51301-3400

    Value Estimation by Request
    3.75 AC lot
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    101 5th St
    RETAIL STORES (PERSONAL SERVICES)

    101 5th St, Spencer, IA 51301-5012

    Value Estimation by Request
    8,280 sqft 0.49 AC lot
    View details
    1610 12th SW Ave
    OFFICE BUILDING

    1610 12th SW Ave, Spencer, IA 51301-5670

    Value Estimation by Request
    5,544 sqft 0.92 AC lot
    View details

    Spencer, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Spencer, IA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 106,606 square feet of properties for sale, with an estimated market value of $1,828,800.

    Sale prices for business properties in Spencer, IA start at $179,900, averaging $304,800, and reaching up to $399,000 — 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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    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 $976.5K

    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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