Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
- Office
  
  Office Units
  
  Building
- Residential Income
  
  Multifamily
  
  Duplex
  
  Triplex
- Industrial
  
  Flex Space
  
  Manufacturing
- Warehouse
  
  Cold Storage
- Mixed-Use
- Land
  
  Residential
  
  Commercial
  
  Agricultural
- Specialty
  
  Wedding Venue
Rent
- For Lease
- Post a Listing
Space Uses
Analytics
- Get Leads
- Property Insights
- Value Est
- Cap Rate Est
- Debts
- Zoning
- Locations
- Market TrendsSoon
- CRE Guide

Advertise Sign In

For Sale
- Retail
  - Storefront
- Office
  - Office Units
  - Building
- Residential Income
- Industrial
  - Flex Space
  - Manufacturing
- Warehouse
  - Cold Storage
- Mixed-Use
- Land
  - Residential
  - Commercial
  - Agricultural
- Specialty
  - Wedding Venue
For Lease
Get Leads
Property Insights
Value Est
Cap Rate Est
Debts
Zoning
Locations
Market TrendsSoon
CRE Guide
Advertise
Find Agents

Location, type, price

Spencer, IA Commercial Real Estate for Sale

List

Map

Dickens, IA Ruthven, IA Milford, IA West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Graettinger, IA

13 properties

Sort:

Corner-Lot Office Building

Updated: Aug 18

Corner-Lot Office Building

1713 McNaughton Way, Spencer, IA 51301

$405,000

3,172 square feet of office and commercial space
More than 28,000 square feet of land on a corner lot
Interior layout includes 8 separate offices and a reception area
2 bathrooms, kitchen area, and 3 building entrances
Brick construction with central air and forced‑air heating

Mixed-Use Property with Private Parking

Updated: Aug 5, 2025

Mixed-Use Property with Private Parking

2 N Grand Ave, Spencer, IA 51301

$369,900

4,200 SF of office and retail space
2,000 SF warehouse area
Detached 28 ft x 32 ft garage
7,200 SF of private concrete parking
1/2‑acre lot with Grand Avenue frontage

C-2 Commercial Land

C-2 Commercial Land

900 29th Street, Spencer, IA 51301

$185,000

2.30 AC lot

Sewer and gas are stubbed to this highway-commercial parcel.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Multi-Office Commercial Building

Multi-Office Commercial Building

1713 Mcnaughton Way, Spencer, IA 51301

$405,000

3,172 sqft

Corner-lot property with dedicated parking, multiple entrances, and a flexible office layout.

Highway Commercial Land

Highway Commercial Land

1000 29th Street, Spencer, IA 51301

$65,000

0.67 AC lot

Sewer and gas connections are stubbed in, with C-2 Highway Commercial zoning.

Flex Space with Office and Warehouse

Flex Space with Office and Warehouse

1208 E Milwaukee St, Spencer, IA 51301

$639,500

7,024 sqft

Modern flex facility combining dedicated office space, warehouse capacity, insulated overhead doors, and an expansive outdoor lot.

Wedding and Event Venue

Wedding and Event Venue

24 W Park Street, Spencer, IA 51301

$825,000

11,306 sqft

Fenced grounds and river views complement a geothermal-equipped event property with flexible lower-level space.

Mixed-Use Property with Flexible Layout

Mixed-Use Property with Flexible Layout

603 S Grand Ave, Spencer, IA 51301

$199,000

6,000 sqft

Commercial space with a new sewer line and potential for retail, office, or combined use.

Divisible Specialty Property

Divisible Specialty Property

203 10th Street SW, Spencer, IA 51301

$174,900

4,700 sqft

The interior can accommodate one occupant or be configured as smaller rental or lease spaces.

Storefront with Illuminated Signage

Storefront with Illuminated Signage

17 E 5th Street, Spencer, IA 51301

$70,000

478 sqft

The building offers lighted sign boxes for business identification.

Cold-Storage Flex Space

Cold-Storage Flex Space

2502 Hwy Boulevard, Spencer, IA 51301

$429,500

Mixed-use commercial space combines loading access, refrigerated storage, offices, and open merchandising areas.

Flex Space with Loading Docks

Flex Space with Loading Docks

216 E Milwaukee Street, Spencer, IA 51301

$324,900

Versatile commercial facility with heated and cold storage plus multiple office areas.

Corner Agricultural Farmland

Corner Agricultural Farmland

2111 300th Street, Spencer, IA 51301

Contact for pricing

AG-zoned farmland positioned near Spencer with access from two intersecting county roads.

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.

Restaurant and Bar with Commercial Kitchen

Restaurant and Bar with Commercial Kitchen

205 Main Street, Dickens, IA 51333

$149,900

3,717 sqft

Separate entrances and restrooms serve the connected dining and bar areas.

Established Restaurant With Bar

Established Restaurant With Bar

205 Main Street, Dickens, IA 51333

$149,900

Connected dining and bar areas provide separate entrances and restrooms for distinct customer spaces.

Farmland with Storage Shed

Farmland with Storage Shed

2481 190th Ave, Milford, IA 51351

$2,200,000

Over 40 acres with a private pond and access from a hard-surface road.

Storage Warehouse Condo

Storage Warehouse Condo

21475 214Th Avenue Circle, Milford, IA 51351

$74,900

Metal construction, concrete flooring, and a dedicated driveway support practical equipment storage.

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

Estimated value:

$230,000

3,538 sqft 0.79 AC lot

325 11th SW St

RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:

$225,000

4,055 sqft 0.41 AC lot

2311 18th St

OFFICE BUILDING

2311 18th St, Spencer, IA 51301-2631

Estimated value:

$215,000

4,032 sqft 0.42 AC lot

1014 11th SW Ave

RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:

$800,000

32,801 sqft 2.94 AC lot

10 3rd St

RETAIL STORES (PERSONAL SERVICES)

10 3rd St, Spencer, IA 51301-4132

Estimated value:

$130,000

6,600 sqft 0.32 AC lot

303 34th W Ave

PROFESSIONAL CLUBS/ASSOCIATIONS

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

Estimated value:

$400,000

1,564 sqft 0.50 AC lot

215 10th SW St

WAREHOUSE, STORAGE

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

Estimated value:

$100,000

3,960 sqft 0.15 AC lot

915 13th SW St

RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:

$865,000

16,800 sqft 4.92 AC lot

317 18th St

MOBILE HOME PARK, TRAILER PARK

317 18th St, Spencer, IA 51301-3400

Estimated value:

$200,000

3.75 AC lot

101 5th St

RETAIL STORES (PERSONAL SERVICES)

101 5th St, Spencer, IA 51301-5012

Estimated value:

$350,000

8,280 sqft 0.49 AC lot

1610 12th SW Ave

OFFICE BUILDING

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

Estimated value:

$465,000

5,544 sqft 0.92 AC lot

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 32,680 square feet of properties for sale, with an estimated market value of $4,092,700.

Sale prices for business properties in Spencer, IA start at $65,000, averaging $341,058, and reaching up to $825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Spencer, IA CRE market trends — vacancy, lease rates and price per SF, updated monthly

List

Map

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	$369.1K

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%

Total CRE Inventory on Market (SF)

How Realmo verifies these figures

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us

Browse Commercial real estate for Sale Near Spencer, IA

Dickens Commercial Real Estate

Popular Searches in Spencer, IA

Popular Categories

Most Searched ZIP Codes in Spencer, IA

51301

Featured Spencer Real Estate Agencies

Realmo connects you with licensed Spencer CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Northwest Iowa Realty

200 Grand Ave Spencer, IA 51301

Phone: (712) 580-4692

www.nwiowarealty.com

Why this one?

Saved