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Flex Space with Overhead Door
For Sale
$179,900

1502 35th Ave W, Spencer, IA 51301

COMMERCIAL, Spencer, IA

Property Size2,400 SF
Price / SF$74.96
Days on Market141

Property Features for 1502 35th Ave W

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Interior features Bar Area, Restrooms
Exterior features Front Exposure
Subdivision Clay
Standard status Active
APN 963710229011

Taxes and HOA fees

Tax Year 2025
Tax Description 3 Replat 3 1 Subd 2 Corn Belt Industrial Park Unit 11 Vault Condos Inc
Tax Annual Amount 1914
Legal Description 3 Replat 3 1 Subd 2 Corn Belt Industrial Park Unit 11 Vault Condos Inc

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

kitchen area
bathroom
built-in bar

Building Details

Year built 2018
Building materials Metal Siding
Roof type Metal
Listing Agency: Realty Professionals
Listed By: Mark Hallett · License #B04510
Added: Apr 7 Changed: Aug 20 Last Checked: Aug 25 at 9:06AM
MLS# 260215

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2018, this 2400 sq ft flex property combines office and warehouse space in a metal-sided building with a metal roof. The interior includes heating and central air conditioning, a kitchen area, restroom, built-in bar, and commercial drain pit. Access is provided by a 14ft x 14ft overhead door along with a separate walkway door.

The property is located in Spencer’s West Industrial area and includes driveway parking. Public water and public sewer serve the building, while front exposure provides a direct presence along the property’s frontage.

Key Highlights

  • 2400 sq ft office and warehouse building
  • 14ft x 14ft overhead door plus a walkway door
  • Commercial drain pit

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Storage Facility Real Estate Agency Kitchen & Bath Showroom Auto Repair Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
Well-served
Demand for This Use

Demographics for 51301, IA

12,606
Population
6,096
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
95%
High-School Grad
157.7 sq mi
ZIP Area
80
Density / Sq Mi
$61,175
Median Household Income
$38,961
Median Earnings
$796
Median Rent
$180,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Heated and cooled commercial space with office functionality, a restroom, kitchen area, and built-in bar.
Where is this flex space located?
The property is located at 1502 35th Ave W Spencer, IA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 2400 sq ft office and warehouse building; 14ft x 14ft overhead door plus a walkway door; Commercial drain pit
More about this property
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