Spencer, NE
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    Spencer, NE Commercial Real Estate for Sale

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    Gross, NE Bonesteel, SD Lake Andes, SD
    Farm/Estate, Ranch in Spencer, NE
    $1,650,000
    1,344 SF
    Farm/Estate, Ranch in Spencer, NE

    49061 894th Road, Spencer, NE 68777

    206.35 acre farm/estate with 1344 sqft property.
    • Ranch‑style architecture offers single‑story living.
    • Includes essential appliances: dishwasher, microwave, refrigerator, and washer.
    • Features a garage for parking.
    • Has a basement, potentially for storage or additional living space.
    • Built in 1997.
    Updated: Sep 29, 2025
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    Spacious Farm Estate with Creek
    $400,000
    1,980 SF
    Spacious Farm Estate with Creek

    89841 489th Avenue, Spencer, NE 68777

    Five-bedroom home on 20.91 acres with multiple outbuildings.
    • 20.91± acres of hay meadow/pasture land with a spring‑fed creek, ideal for hobby farming or ranching.
    • Spacious 1,980± sq. ft. home with 5 bedrooms, including a main floor master suite with a walk‑in closet.
    • Multiple outbuildings, including a hay shed, barn with workshop, detached 2‑car garage, and grain bins, offering versatile space for various uses.
    • Recent updates including new carpet (2025), septic system (2018), furnace (2023), and water heater (2025).
    • Remodeled main floor bathroom with walk‑in tile shower, oversized tub, and his‑and‑hers glass bowl sinks.
    Updated: Jun 17, 2025
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Atkinson Commercial Building For Sale
    $285,000
    3,200 SF
    Atkinson Commercial Building For Sale

    3,200 sq ft commercial building in Atkinson, Nebraska.

    708 E State Street, Atkinson, NE 68713

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    Atkinson Commercial Building Near Downtown
    $49,900
    576 SF
    Atkinson Commercial Building Near Downtown

    Versatile commercial property in Atkinson, ideal for small business.

    204 Front Street, Atkinson, NE 68713

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    MidTowne Oil & Wash Property
    $750,000
    7,940 SF
    MidTowne Oil & Wash Property

    Commercial property with oil service and car wash operations.

    130 SD Hwy 46, Wagner, SD 57380

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    Versatile Commercial Space For Sale
    $215,000
    5,230 SF
    Versatile Commercial Space For Sale

    5,230 SF commercial space suitable for various business types.

    107 SD-50, Wagner, SD

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    Off-Market Properties in Spencer, NE

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

    101 Thayer St
    COMMERCIAL (GENERAL)
    3,150 SF Lot: 0.16 Acres
    Value Estimation by Request

    101 Thayer St, Spencer, NE 68777-3656

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    204 Thayer St
    FUNERAL HOME
    2,124 SF Lot: 0.24 Acres
    Value Estimation by Request

    204 Thayer St, Spencer, NE 68777

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    Spencer, NE 68777
    VACANT COMMERCIAL LAND
    Lot: 0.17 Acres
    Value Estimation by Request

    Spencer, NE 68777

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    121 Thayer St
    BAR, TAVERN
    1,540 SF Lot: 0.07 Acres
    Value Estimation by Request

    121 Thayer St, Spencer, NE 68777-9784

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    Spencer, NE 68777
    AUTO REPAIR, GARAGE
    1,836 SF Lot: 0.40 Acres
    Value Estimation by Request

    Spencer, NE 68777

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    508 Park St
    COMMERCIAL (GENERAL)
    4,000 SF Lot: 3.69 Acres
    Value Estimation by Request

    508 Park St, Spencer, NE 68777-3636

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    424 Hillcrest Blvd
    Office Spaces
    87,120 SF
    Value Estimation by Request

    424 Hillcrest Blvd, Spencer, NE 68777

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    406 Vinton St
    COMMERCIAL (GENERAL)
    9,492 SF Lot: 0.77 Acres
    Estimated value
    $680,000

    406 Vinton St, Spencer, NE 68777-3638

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    503 Vinton St
    LIGHT INDUSTRIAL
    2,880 SF Lot: 0.48 Acres
    Value Estimation by Request

    503 Vinton St, Spencer, NE 68777

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    106 Thayer St
    MINI-WAREHOUSE, STORAGE
    1,608 SF Lot: 0.15 Acres
    Value Estimation by Request

    106 Thayer St, Spencer, NE 68777

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    108 Thayer St
    MINI-WAREHOUSE, STORAGE
    4,800 SF Lot: 0.16 Acres
    Value Estimation by Request

    108 Thayer St, Spencer, NE 68777

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    104 Thayer St
    MINI-WAREHOUSE, STORAGE
    2,392 SF Lot: 0.09 Acres
    Value Estimation by Request

    104 Thayer St, Spencer, NE 68777

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    100 Thayer St
    OFFICE BUILDING
    1,632 SF Lot: 0.08 Acres
    Value Estimation by Request

    100 Thayer St, Spencer, NE 68777-9784

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    111 Thayer St
    COMMERCIAL (GENERAL)
    6,072 SF Lot: 2.00 Acres
    Value Estimation by Request

    111 Thayer St, Spencer, NE 68777-9784

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    105 Thayer St
    GROCERY, SUPERMARKET
    4,980 SF Lot: 0.16 Acres
    Value Estimation by Request

    105 Thayer St, Spencer, NE 68777-3656

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    201 Thayer St
    COMMERCIAL (GENERAL)
    7,800 SF Lot: 0.48 Acres
    Estimated value
    $595,000

    201 Thayer St, Spencer, NE 68777-4001

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    117 Thayer St
    COMMERCIAL (GENERAL)
    1,752 SF Lot: 0.08 Acres
    Value Estimation by Request

    117 Thayer St, Spencer, NE 68777-9784

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    111 Thayer St
    COMMERCIAL (GENERAL)
    10,360 SF Lot: 1.12 Acres
    Value Estimation by Request

    111 Thayer St, Spencer, NE 68777-3656

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    114 Thayer St
    COMMERCIAL (GENERAL)
    2,450 SF Lot: 0.08 Acres
    Value Estimation by Request

    114 Thayer St, Spencer, NE 68777-9784

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    101 Thayer St
    BAR, TAVERN
    1,500 SF Lot: 0.08 Acres
    Value Estimation by Request

    101 Thayer St, Spencer, NE 68777-9784

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    118 Thayer St
    OFFICE BUILDING
    1,200 SF Lot: 0.04 Acres
    Value Estimation by Request

    118 Thayer St, Spencer, NE 68777-9784

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    109 Thayer St
    COMMERCIAL (GENERAL)
    1,925 SF Lot: 0.08 Acres
    Value Estimation by Request

    109 Thayer St, Spencer, NE 68777-9784

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    Spencer, NE Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Spencer, NE on our real estate platform. These investment opportunities span a total of 3,324 square feet of properties for sale, with an estimated market value of $2,050,000.

    Sale prices for business properties in Spencer, NE start at $400,000, averaging $1,025,000, and reaching up to $1,650,000 — 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 549
    Population Growth (5Y) -15.4%
    Median Household Income $59,938
    College Educated 13.8%

    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
    68777 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.48%
    Property Tax per SF $23.78 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

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