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Corner-Lot Office Building
For Sale
$405,000

1713 McNaughton Way, Spencer, IA 51301

COMMERCIAL, Spencer, IA

Property Size3,172 SF
Price / SF$127.68
Days on Market52

Property Features for 1713 McNaughton Way

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Interior features Kitchen Area, Restrooms
Exterior features Front Exposure, High Traffic Location, High Visibility, Highway Access
Appliances Dishwasher, Refrigerator
Subdivision Clay
Standard status Active
APN 9637-12-126-004

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1B SUBDIV LOT B HALLETTS 4TH Y, exact legal per abstract and deed
Tax Annual Amount 9912
Legal Description LOT 1B SUBDIV LOT B HALLETTS 4TH Y, exact legal per abstract and deed

Utilities

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

Building Details

Year built 1993
Building materials Brick
Roof type Asphalt
Listing Agency: Ingvall Real Estate Team
Listed By: Tricia Wempe · License #8359
Added: Aug 18 Changed: Oct 6 Last Checked: Oct 8 at 1:06AM
MLS# 261023

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 1993, this brick office building contains 3,172 square feet of commercial space on a corner parcel with more than 28,000 square feet of land. The interior is arranged with eight separate offices, a reception area, two bathrooms, and a kitchen area. Three entrances serve the east, south, and west sides of the building. A dishwasher and refrigerator are included, along with central air conditioning and forced-air heat.

The property is positioned near the Clay County Fairgrounds in Spencer, with access to a heavily traveled route and highway access noted among the site features. The parcel includes driveway parking and front exposure. Public water and public sewer serve the property, while an asphalt roof completes the building improvements.

Key Highlights

  • 3,172 square feet of office and commercial space
  • More than 28,000 square feet of land on a corner lot
  • Interior layout includes 8 separate offices and a reception area

Property Analytics

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Current Use

Rosecrance Jackson Centers Medical Clinic

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Hair Salon Law Firm Pharmacy

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

Lease Details

8
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property with eight offices, reception space, restrooms, multiple entrances, and on-site parking.
Where is this office building located?
The property is located at 1713 McNaughton Way Spencer, IA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 3,172 square feet of office and commercial space; More than 28,000 square feet of land on a corner lot; Interior layout includes 8 separate offices and a reception area
More about this property
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