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    Spencer, IA

    Spencer, IA Commercial Real Estate for Sale

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    Dickens, IA Fostoria, IA Rossie, IA Ruthven, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA
    9 properties
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    Corner-Lot Office Building
    Updated: Aug 18
    Corner-Lot Office Building

    1713 McNaughton Way, Spencer, IA 51301

    $415,000
    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
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    Flex Space with Overhead Door
    Updated: Apr 7
    Flex Space with Overhead Door

    1502 35th Ave W, Spencer, IA 51301

    $179,900
    2400 sq ft office and warehouse building
    14ft x 14ft overhead door plus a walkway door
    Commercial drain pit
    Heated and cooled with forced air and central air
    Kitchen area, restroom, and built‑in bar
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    Mixed-Use Property with Private Parking
    Mixed-Use Property with Private Parking

    2 N Grand Ave, Spencer, IA 51301

    $369,900

    Combined office, retail, warehouse, and detached garage improvements support multiple commercial functions on one site.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multi-Office Commercial Building
    Multi-Office Commercial Building

    1713 Mcnaughton Way, Spencer, IA 51301

    $415,000
    3,172 sqft

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

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    Warehouse Unit with Overhead Door
    Warehouse Unit with Overhead Door

    11th Avenue, Spencer, IA 51301

    $285,000

    Newer multi-unit commercial space with reinforced flooring, utility service, and plumbing prepared for a future bathroom.

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    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.

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    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.

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    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.

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    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.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    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.

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    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.

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    Storage Warehouse Condo
    Storage Warehouse Condo

    21475 214Th Avenue Circle, Milford, IA 51351

    $79,900

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

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    Private Sports & Entertainment Facility
    Private Sports & Entertainment Facility

    500 Highway Avenue, Fostoria, IA 51340

    $600,000

    Steel-framed construction, Highway 71 frontage, and flexible commercial use define this established facility.

    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.

    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
    View details
    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
    View details
    2311 18th St
    OFFICE BUILDING

    2311 18th St, Spencer, IA 51301-2631

    Estimated value:
    $215,000
    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

    Estimated value:
    $800,000
    32,801 sqft 2.94 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    317 18th St
    MOBILE HOME PARK, TRAILER PARK

    317 18th St, Spencer, IA 51301-3400

    Estimated value:
    $200,000
    3.75 AC lot
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    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
    View details
    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
    View details
    306 11th St Sw Plz
    LIGHT INDUSTRIAL

    306 11th St Sw Plz, Spencer, IA 51301-5817

    Estimated value:
    $340,000
    5,400 sqft 1.24 AC lot
    View details
    2420 4th W Ave
    COMMERCIAL (GENERAL)

    2420 4th W Ave, Spencer, IA 51301

    Estimated value:
    $225,000
    8,000 sqft 0.41 AC lot
    View details
    1005 13th SW St
    HOTEL/MOTEL

    1005 13th SW St, Spencer, IA 51301-5524

    Estimated value:
    $365,000
    23,410 sqft 1.70 AC lot
    View details
    110 4th St
    PROFESSIONAL BUILDING

    110 4th St, Spencer, IA 51301-3858

    Estimated value:
    $350,000
    14,640 sqft 0.44 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 9 active listings on our real estate platform. These investment opportunities span a total of 9,172 square feet of properties for sale, with an estimated market value of $2,618,200.

    Sale prices for business properties in Spencer, IA start at $179,900, averaging $327,275, and reaching up to $429,500 — 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 $327.6K

    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

    Total CRE Inventory on Market (SF)

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