Spencer, WI
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    Spencer, WI Commercial Real Estate for Sale

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    Marshfield, WI Loyal, WI Hewitt, WI
    Remodeled Commercial Building in Spencer
    $799,900
    8,352 SF
    Remodeled Commercial Building in Spencer

    102 W Clark St, Spencer, WI 54479

    Well-maintained commercial building with shop, office, and storage space.
    • Large commercial building with over 8,000 sq ft, including a 4,800 sq ft shop area.
    • Recently remodeled with updates including five new offices, flooring, HVAC, and bathroom remodel.
    • Five overhead doors in the shop, including two that are 14 feet tall.
    • Detached 30 by 52 pole shed for additional storage with two overhead doors.
    • Located in the heart of Spencer, WI, with access along four streets.
    Updated: Feb 12
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    Restaurant and Bar on 7 Acres
    $395,000
    3,240 SF
    Restaurant and Bar on 7 Acres

    109300 County Road C, Spencer, WI 54479

    Well-maintained restaurant and bar with upgrades on almost 7 acres.
    • Profitable restaurant/bar business opportunity on almost 7 acres.
    • Extensively upgraded and meticulously maintained property.
    • New walk‑in cooler and kitchen equipment.
    • New furnace and HVAC system.
    • New roof on the tiki bar and part of the restaurant.
    Updated: Nov 6, 2025
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, WI, 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.

    Agricultural Land on Highway 13
    $303,210
    33.69 Acres
    Agricultural Land on Highway 13

    33.69 acres of productive land between Marshfield and Spencer.

    33.69 Mol 26th Road, Marshfield, WI 54449

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    Agricultural Land Parcel
    $253,950
    Agricultural Land Parcel

    Spacious farmland parcel with portions currently in crops, suited for a hobby farm, equestrian use, or private acreage plans.

    Lot 4 County Road East, Marshfield, WI 54449

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    Marshfield Golf Course Opportunity
    $2,999,000
    134.00 Acres
    Marshfield Golf Course Opportunity

    Successful 18-hole golf course with restaurant and tiki bar.

    11426 Wren Road, Marshfield, WI 54449

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    Established Bar & Restaurant with Apartment
    $234,900
    3,984 SF
    Established Bar & Restaurant with Apartment

    Turnkey bar/restaurant with apartment and high-traffic location.

    1701 W McMillan St, Marshfield, WI 54449

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    Off-Market Properties in Spencer, WI

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

    606 Pacific St
    COMMERCIAL (GENERAL)
    Lot: 0.48 Acres
    Value Estimation by Request

    606 Pacific St, Spencer, WI 54479-9286

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    213644 State Hwy 13
    INDUSTRIAL (GENERAL)
    Lot: 5.00 Acres
    Estimated value
    $650,000

    213644 State Hwy 13, Spencer, WI 54479-5701

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    11206th County Rd Q Q
    COMMERCIAL (GENERAL)
    Lot: 0.49 Acres
    Value Estimation by Request

    11206th County Rd Q Q, Spencer, WI 54479-8945

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    208 Pacific St
    COMMERCIAL (GENERAL)
    Lot: 1.09 Acres
    Value Estimation by Request

    208 Pacific St, Spencer, WI 54479

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    902 Pacific St
    COMMERCIAL (GENERAL)
    Lot: 2.28 Acres
    Value Estimation by Request

    902 Pacific St, Spencer, WI 54479-9087

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    206 Pacific St
    COMMERCIAL (GENERAL)
    Lot: 0.41 Acres
    Value Estimation by Request

    206 Pacific St, Spencer, WI 54479-9232

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    800 Madison St
    COMMERCIAL (GENERAL)
    Lot: 1.08 Acres
    Value Estimation by Request

    800 Madison St, Spencer, WI 54479

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    103 Elm St
    COMMERCIAL (GENERAL)
    Lot: 0.14 Acres
    Value Estimation by Request

    103 Elm St, Spencer, WI 54479-9326

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    107 12th E Elm St
    COMMERCIAL (GENERAL)
    Lot: 0.07 Acres
    Value Estimation by Request

    107 12th E Elm St, Spencer, WI 54479-9326

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    Spencer, WI 54479
    VACANT COMMERCIAL LAND
    Lot: 0.08 Acres
    Value Estimation by Request

    Spencer, WI 54479

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    11214th County Rd Q Q
    VACANT COMMERCIAL LAND
    Lot: 0.22 Acres
    Value Estimation by Request

    11214th County Rd Q Q, Spencer, WI 54479-8945

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    411 Willow Dr
    COMMERCIAL (GENERAL)
    Lot: 1.00 Acre
    Value Estimation by Request

    411 Willow Dr, Spencer, WI 54479-9358

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    1001 Madison St
    COMMERCIAL (GENERAL)
    Lot: 5.00 Acres
    Value Estimation by Request

    1001 Madison St, Spencer, WI 54479

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    208 Cedar St
    COMMERCIAL (GENERAL)
    Lot: 1.05 Acres
    Value Estimation by Request

    208 Cedar St, Spencer, WI 54479-4400

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    211 Willow Dr
    COMMERCIAL (GENERAL)
    Lot: 11.13 Acres
    Estimated value
    $930,000

    211 Willow Dr, Spencer, WI 54479-9356

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    1202 Monroe St
    COMMERCIAL (GENERAL)
    Lot: 1.95 Acres
    Estimated value
    $2,025,000

    1202 Monroe St, Spencer, WI 54479-9082

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    1206 Monroe St
    INDUSTRIAL (GENERAL)
    Lot: 5.74 Acres
    Estimated value
    $2,095,000

    1206 Monroe St, Spencer, WI 54479-9082

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    426th State Hwy 98
    COMMERCIAL (GENERAL)
    Lot: 1.45 Acres
    Value Estimation by Request

    426th State Hwy 98, Spencer, WI 54479-8983

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    505 Willow Dr
    COMMERCIAL (GENERAL)
    Lot: 36.33 Acres
    Estimated value
    $1,260,000

    505 Willow Dr, Spencer, WI 54479

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    10813th Badger Ave
    COMMERCIAL (GENERAL)
    Lot: 3.00 Acres
    Value Estimation by Request

    10813th Badger Ave, Spencer, WI 54479

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    109170 County Rd C C
    COMMERCIAL (GENERAL)
    Lot: 1.30 Acres
    Value Estimation by Request

    109170 County Rd C C, Spencer, WI 54479-5002

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    409 Willow Dr
    COMMERCIAL (GENERAL)
    Lot: 1.08 Acres
    Value Estimation by Request

    409 Willow Dr, Spencer, WI 54479-8300

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    Spencer, WI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Spencer, WI on our real estate platform. These investment opportunities span a total of 11,592 square feet of properties for sale, with an estimated market value of $1,194,900.

    Sale prices for business properties in Spencer, WI start at $395,000, averaging $597,450, and reaching up to $799,900 — 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 3,592
    Population Growth (5Y) -9.8%
    Median Household Income $79,542
    College Educated 19.3%

    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
    54479 $597.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Tax Rate vs County Average 0.55 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marathon County

    New Delisted

    Total CRE Inventory on Market (SF)

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