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Spencer, OH

Spencer, OH Commercial Real Estate for Sale

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Homerville, OH Wellington, OH Lodi, OH Litchfield, OH Sullivan, OH Lagrange, OH West Salem, OH Medina, OH

Industrial Flex Building with Drive-In Doors

Updated: Oct 7, 2025

Industrial Flex Building with Drive-In Doors

201 Reed Street, Spencer, OH 44275

$599,000

10,032 sqft 3.43 AC lot

10,032 SF office/warehouse building on 3.43 acres in Medina County
Office/warehouse layout includes 4 drive‑in doors
Central HVAC and public utilities
Zoned Industrial
Convenient access off OH‑301 south of Rt. 162 near Medina, Lodi, and Wellington

This listing looks promising.

Here's a quick look at some key insights for

201 Reed Street, Spencer, Ohio 44275

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$45K
Annual
Mortgage

$126K
Aug 2005
Last Sold

Aug 2005
$151K
Property Type

Mini-Warehouse, Storage
Built 1985

View Property Analytics

Industrial/Flex Building on 3.43 Acres

Updated: Oct 7, 2025

Industrial/Flex Building on 3.43 Acres

203 Reed St, Spencer, OH

$599,000

3.45 AC lot

10,032 SF building on 3.43 acres offers income potential and future growth.
Zoned Industrial with space for expansion or additional development.
Four drive‑in doors provide easy access for various business types.
Office/warehouse mix with central HVAC and public utilities.
Convenient access off OH‑301, south of Rt. 162, connecting to Medina, Lodi, and Wellington.

Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, OH, 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.

Warehouse with Office and Fenced Yard

Warehouse with Office and Fenced Yard

121 Commerce Dr, Lagrange, OH 44050

$299,999

12,292 sqft 1.61 AC lot

Fenced outdoor storage and office space support contractor and truck/trailer operations.

Manufacturing Facility with Expansion Potential

Manufacturing Facility with Expansion Potential

300 Commerce Dr, Lagrange, OH

$2,325,000

47,730 sqft 6.62 AC lot

Manufacturing facility with heavy power, multiple doors, and expansion land.

Commercial Land on Corner Lot

Commercial Land on Corner Lot

35960 Royalton Rd, Grafton, OH 44044

$1,500,000

5,470 sqft

Prime commercial land for development on signalized corner.

Commercial Land on Signalized Corner

Commercial Land on Signalized Corner

35980 Royalton Rd, Grafton, OH 44044

$1,500,000

Prime commercial land suitable for various development projects.

Off-Market Properties in Spencer, OH

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

VACANT COMMERCIAL LAND

Main St, Spencer, OH 44275

Value Estimation by Request

0.03 AC lot

VACANT COMMERCIAL LAND

Main St, Spencer, OH 44275

Value Estimation by Request

0.04 AC lot

DRIVE-THRU RESTAURANT, FAST FOOD

216 Main St, Spencer, OH 44275-9759

Value Estimation by Request

1,286 sqft 0.58 AC lot

MINI-WAREHOUSE, STORAGE

Main St, Spencer, OH 44275

Value Estimation by Request

2,400 sqft 0.45 AC lot

VACANT COMMERCIAL LAND

104 Main St, Spencer, OH 44275-9701

$550,000

Estimated value

6,450 sqft 0.13 AC lot

6666 Spencer Rd

AUTO REPAIR, GARAGE

6666 Spencer Rd, Spencer, OH 44275-9746

Value Estimation by Request

2,872 sqft 3.05 AC lot

INDUSTRIAL - VACANT LAND

Main St, Spencer, OH 44275

Value Estimation by Request

2.00 AC lot

RESTAURANT

107 Main St, Spencer, OH 44275-9528

Value Estimation by Request

2,280 sqft 0.16 AC lot

INDUSTRIAL - VACANT LAND

Main St, Spencer, OH 44275

Value Estimation by Request

0.41 AC lot

12561 Chatham Rd

COMMERCIAL (GENERAL)

12561 Chatham Rd, Spencer, OH 44275-9503

Value Estimation by Request

1,404 sqft 5.37 AC lot

COMMERCIAL (GENERAL)

109 Main St, Spencer, OH 44275-9323

Value Estimation by Request

3,325 sqft 0.25 AC lot

OFFICE BUILDING

106 Main St, Spencer, OH 44275-9528

Value Estimation by Request

4,260 sqft 0.11 AC lot

RETAIL STORES (PERSONAL SERVICES)

101 Main St, Spencer, OH 44275

Value Estimation by Request

5,840 sqft 0.13 AC lot

VACANT COMMERCIAL LAND

Congress Rd, Spencer, OH 44275

$565,000

Estimated value

14.18 AC lot

6794 Avon Lk Rd

CAMPGROUND, RV PARK

6794 Avon Lk Rd, Spencer, OH 44275-9317

Value Estimation by Request

1,056 sqft 53.61 AC lot

WHOLESALE OUTLET, DISCOUNT STORE

418 Main St, Spencer, OH 44275-9564

$1,455,000

Estimated value

9,170 sqft 1.77 AC lot

6843 Avon Lk Rd

COMMERCIAL (GENERAL)

6843 Avon Lk Rd, Spencer, OH 44275-9318

Value Estimation by Request

3.22 AC lot

6299 Avon Lk Rd, Unit 6307

RETAIL STORES (PERSONAL SERVICES)

6299 Avon Lk Rd, Spencer, OH 44275-9792

Unit 6307

Value Estimation by Request

5,964 sqft 6.33 AC lot

PARKING GARAGE, PARKING STRUCTURE

Main St, Spencer, OH 44275

Value Estimation by Request

2,030 sqft 0.04 AC lot

INDUSTRIAL (GENERAL)

Main St, Spencer, OH 44275

Value Estimation by Request

4,050 sqft 4.64 AC lot

MINI-WAREHOUSE, STORAGE

227 Main St, Spencer, OH 44275-9759

$940,000

Estimated value

7,590 sqft 1.90 AC lot

INDUSTRIAL - VACANT LAND

Main St, Spencer, OH 44275

Value Estimation by Request

0.10 AC lot

Spencer, OH Commercial Real Estate Market Trends and Statistics

Explore 61 commercial real estate for sale in Spencer, OH on our real estate platform. These investment opportunities span a total of 10,032 square feet of properties for sale, with an estimated market value of $599,000.

Sale prices for business properties in Spencer, OH start at $599,000, averaging $599,000, and reaching up to $599,000 — 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 3,190

Population Growth (5Y) -2.7%

Median Household Income $102,083

College Educated 19.2%

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
44275	$574.5K

Taxes & Financing

Tax Rate (average for all types) 4.84%

Property Tax per SF $96.91 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Medina County

New Delisted

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