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Spencer, OH

Spencer, OH Commercial Real Estate for Sale

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Sullivan, OH Homerville, OH Wellington, OH Warren, OH Litchfield, OH Lagrange, OH Lodi, OH West Salem, 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
Price @ 7% Cap

$649K
Above asking
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

Contact for pricing

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.

Full-Service Restaurant with Parking

Full-Service Restaurant with Parking

107 E. Main Street, Spencer, OH 44275

Contact for pricing

Well-maintained restaurant operating daily for breakfast and lunch, with extended hours on Friday and limited hours on Sunday.

Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 3 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.

Historic Mixed-Use Property

Historic Mixed-Use Property

3940 Avon Lake Road, Litchfield, OH 44253

$299,000

2.46 AC lot

Historic commercial building with a residential unit, private patio, fenced yard, and flexible mixed-use configuration.

Historic Mixed-Use Property

Historic Mixed-Use Property

3940 Avon Lake Road, Litchfield, OH 44253

$299,000

2.46 AC lot

Commercial property with a residential unit, private patio, and yard.

Commercial Specialty Building

Commercial Specialty Building

44866 State Route 18, Wellington, OH 44090

$225,000

Commercial building with a new metal roof, gutters and downspouts, plus an on-site full bathroom.

Farm and Mixed-Use Land

Farm and Mixed-Use Land

39136 State Route 18, Wellington, OH 44090

$350,000

Vacant acreage with farm and mixed-use zoning, natural gas storage fields, and frontage along State Route 18.

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.

Main St

VACANT COMMERCIAL LAND

Main St, Spencer, OH 44275

$70,000

Estimated value

0.03 AC lot

Main St

VACANT COMMERCIAL LAND

Main St, Spencer, OH 44275

$70,000

Estimated value

0.04 AC lot

216 Main St

DRIVE-THRU RESTAURANT, FAST FOOD

216 Main St, Spencer, OH 44275-9759

$255,000

Estimated value

1,286 sqft 0.58 AC lot

Main St

MINI-WAREHOUSE, STORAGE

Main St, Spencer, OH 44275

$170,000

Estimated value

2,400 sqft 0.45 AC lot

104 Main St

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

$85,000

Estimated value

2,872 sqft 3.05 AC lot

Main St

INDUSTRIAL - VACANT LAND

Main St, Spencer, OH 44275

Value Estimation by Request

2.00 AC lot

107 Main St

RESTAURANT

107 Main St, Spencer, OH 44275-9528

$160,000

Estimated value

2,280 sqft 0.16 AC lot

Main St

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

$270,000

Estimated value

1,404 sqft 5.37 AC lot

109 Main St

COMMERCIAL (GENERAL)

109 Main St, Spencer, OH 44275-9323

$320,000

Estimated value

3,325 sqft 0.25 AC lot

106 Main St

OFFICE BUILDING

106 Main St, Spencer, OH 44275-9528

$275,000

Estimated value

4,260 sqft 0.11 AC lot

101 Main St

RETAIL STORES (PERSONAL SERVICES)

101 Main St, Spencer, OH 44275

$115,000

Estimated value

5,840 sqft 0.13 AC lot

Congress Rd

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

$405,000

Estimated value

1,056 sqft 53.61 AC lot

418 Main St

WHOLESALE OUTLET, DISCOUNT STORE

418 Main St, Spencer, OH 44275-9564

$1,630,000

Estimated value

9,170 sqft 1.77 AC lot

6843 Avon Lk Rd

COMMERCIAL (GENERAL)

6843 Avon Lk Rd, Spencer, OH 44275-9318

$230,000

Estimated value

3.22 AC lot

6299 Avon Lk Rd, Unit 6307

RETAIL STORES (PERSONAL SERVICES)

6299 Avon Lk Rd, Spencer, OH 44275-9792

Unit 6307

$290,000

Estimated value

5,964 sqft 6.33 AC lot

Main St

PARKING GARAGE, PARKING STRUCTURE

Main St, Spencer, OH 44275

$235,000

Estimated value

2,030 sqft 0.04 AC lot

Main St

INDUSTRIAL (GENERAL)

Main St, Spencer, OH 44275

$230,000

Estimated value

4,050 sqft 4.64 AC lot

227 Main St

MINI-WAREHOUSE, STORAGE

227 Main St, Spencer, OH 44275-9759

$940,000

Estimated value

7,590 sqft 1.90 AC lot

Spencer, OH Commercial Real Estate Market Trends and Statistics

Explore 62 commercial real estate for sale in Spencer, OH, showcased through 3 active listings 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 average $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	$599K

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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