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    Spencer, IN

    Spencer, IN Commercial Real Estate for Sale

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    9 properties
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    Acreage with Ponds and Woods
    Updated: Jul 14
    Acreage with Ponds and Woods

    Braysville Road, Spencer, IN 47460

    $625,000
    70.18 AC lot
    Over 70‑acre agricultural and recreational land tract on Braysville Road in Clay Township
    Two ponds on‑site, including a pond waterfront feature
    Includes recently appraised woods on the property
    Land layout described for building, long‑term homestead use, and recreational hunting
    Minutes from historic downtown Spencer and within about 25 minutes of Bloomington
    View details
    Church and Residential Portfolio
    Updated: Jan 23
    Church and Residential Portfolio

    168 N Harrison Street, Spencer, IN 47460

    $649,900
    0.40 AC lot
    Unique three‑property portfolio offered at a single list price: church facility, residential triplex, and single‑family home
    Church building features a sanctuary with seating for approximately 100 people, plus an attached fellowship hall and basement with multiple rooms
    Church includes an entryway and two restrooms; basement rooms are suitable for classrooms, offices, or storage
    Single‑family home: 4 bedrooms and 2 bathrooms; new flooring on main level and remodeled main‑level bathroom
    Single‑family home updates include recent kitchen updates; upstairs bathroom is ready for completion; unfinished basement
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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    69 S Main Street, Spencer, IN 47460

    $339,900
    0.07 AC lot

    Main level retail space and second/third-story apartments are currently rented within a mixed-use building.

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    Medical Office and Clinic Building
    Medical Office and Clinic Building

    9 N Crane Ave, Spencer, IN 47460

    Contact for pricing
    10,288 sqft

    10,288 sq. ft. medical office and clinic building zoned Commercial/Industrial, with room for multiple healthcare and non-medical uses.

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    Historic Office Suite with Storage
    Historic Office Suite with Storage

    23 S Main Street, Spencer, IN 47460

    $449,000
    0.13 AC lot

    Office suite with four offices, two conference rooms, and multiple baths, plus kitchenette and extensive storage.

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    Land Parcel in Spencer, Indiana
    Land Parcel in Spencer, Indiana

    Concord Road, Spencer, IN 47460

    $90,000
    1.04 AC lot

    1.042 acre parcel with utilities in Spencer, Indiana.

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    Commercial Land in Spencer, Indiana
    Commercial Land in Spencer, Indiana

    2.861A W 46 Highway, Spencer, IN 47460

    $499,900
    2.86 AC lot

    2.861-acre commercial land available in Spencer, Indiana.

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    GPS-Friendly Specialty Property
    GPS-Friendly Specialty Property

    69 S Main Street, Spencer, IN 47460

    $339,900

    Specialty property offered for sale at 69 S Main Street with GPS-friendly directions in Owen County.

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    Former Church with Sanctuary
    Former Church with Sanctuary

    866 West State Hwy 46, Spencer, IN 47460

    Contact for pricing
    0.86 AC lot

    Former church offering two separate offices, a conference room, sanctuary, children’s room, nursery, kitchen, and restrooms.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Spencer, IN, 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.

    Recreational Farm and Hunting Land
    Recreational Farm and Hunting Land

    9010 N Texas Ridge Road, Gosport, IN 47433

    $991,900
    130.25 AC lot

    Versatile acreage with tillable hay ground, a stocked pond, and farming, equestrian, or recreational support improvements.

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    Ellettsville Land For Sale
    Ellettsville Land For Sale

    Walker Lane, Ellettsville, IN 47429

    $627,500
    48.61 AC lot

    48.607 acres of wooded land in Monroe County.

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    Corner Commercial Land Lot
    Corner Commercial Land Lot

    909 W Temperance Street, Ellettsville, IN 47429

    $47,500
    0.20 AC lot

    A 0.2-acre corner lot in Ellettsville suitable for a small office or residential development.

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    Live-Work Building with Rooftop Access
    Live-Work Building with Rooftop Access

    31 E Main St, Gosport, IN 47433

    Contact for pricing
    5,088 sqft

    Two-level live-work property with downstairs commercial space and upstairs living quarters featuring direct rooftop access.

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    Off-Market Properties in Spencer, IN

    Consider similar Off-Market properties in Spencer, IN. 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.

    10 Main St
    COMMERCIAL (GENERAL)

    10 Main St, Spencer, IN 47460-1730

    $565,000
    Estimated value
    8,556 sqft 0.17 AC lot
    View details
    10 Main St
    RETAIL STORES (PERSONAL SERVICES)

    10 Main St, Spencer, IN 47460-1312

    Value Estimation by Request
    1,400 sqft 0.17 AC lot
    View details
    330 Morgan St
    COMMERCIAL (GENERAL)

    330 Morgan St, Spencer, IN 47460-1430

    Value Estimation by Request
    2,210 sqft 0.15 AC lot
    View details
    180 Main St
    COMMERCIAL (GENERAL)

    180 Main St, Spencer, IN 47460-1732

    Value Estimation by Request
    10,474 sqft 0.20 AC lot
    View details
    709 Walnut St
    PARKING GARAGE, PARKING STRUCTURE

    709 Walnut St, Spencer, IN 47460

    Value Estimation by Request
    0.34 AC lot
    View details
    25 Height St
    AUTO REPAIR, GARAGE

    25 Height St, Spencer, IN 47460-1107

    Value Estimation by Request
    1,920 sqft 0.06 AC lot
    View details
    886 Franklin St
    VACANT COMMERCIAL LAND

    886 Franklin St, Spencer, IN 47460-1156

    Value Estimation by Request
    3.61 AC lot
    View details
    46 Wayne St
    RETAIL STORES (PERSONAL SERVICES)

    46 Wayne St, Spencer, IN 47460

    Value Estimation by Request
    396 sqft 0.20 AC lot
    View details
    23 Main St
    OFFICE (GENERAL)

    23 Main St, Spencer, IN 47460-1729

    Value Estimation by Request
    8,052 sqft 0.13 AC lot
    View details
    State Hwy 43
    SHOW ROOM, WAREHOUSE

    State Hwy 43, Spencer, IN 47460

    Value Estimation by Request
    2.71 AC lot
    View details
    236 Morgan St
    OFFICE (GENERAL)

    236 Morgan St, Spencer, IN 47460-1218

    Value Estimation by Request
    396 sqft 0.38 AC lot
    View details
    59 Main St
    RETAIL STORES (PERSONAL SERVICES)

    59 Main St, Spencer, IN 47460-1729

    Value Estimation by Request
    4,142 sqft 0.06 AC lot
    View details
    659 State Hwy 46
    MINI-WAREHOUSE, STORAGE

    659 State Hwy 46, Spencer, IN 47460

    Value Estimation by Request
    1,920 sqft 0.35 AC lot
    View details
    2250 Wood Dr
    INDUSTRIAL (GENERAL)

    2250 Wood Dr, Spencer, IN 47460-6853

    Value Estimation by Request
    6,610 sqft 2.00 AC lot
    View details
    640 Franklin St
    MANUFACTURING (LIGHT)

    640 Franklin St, Spencer, IN 47460-1828

    $705,000
    Estimated value
    47,020 sqft 4.86 AC lot
    View details

    Spencer, IN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Spencer, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 10,288 square feet of properties for sale, with an estimated market value of $2,993,600.

    Sale prices for business properties in Spencer, IN start at $90,000, averaging $427,657, and reaching up to $649,900 — 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 11K
    Population Growth (5Y) +4.4%
    Median Household Income $67,688
    College Educated 29.5%

    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
    47460 $364.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $34.39 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Owen County

    New Delisted

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