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    906 E Milwaukee St Spencer, IA 51301

    For Sale
    $350,000

    Commercial - Spencer, IA

    Property size:
    9,644 SF
    Days on Market:
    13
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 906 E Milwaukee St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    963607479003/963607479004
    Parking features
    Driveway
    Size
    9,644 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Building materials
    Steel Siding
    Architectural style
    Other

    Hinn Real Estate (712) 336-1240 [email protected]

    Listing agent Jimy Mac Lenz (712) 336-1240 License #S68436

    Listing date Nov 23, 2025

    MLS# 251113 Listing URL

    Copyright © 2025 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.

    Overview

    Former Truck Shop with Extras

    This commercial property, formerly a truck shop, features a 60x180 insulated building with a concrete floor. The main shop area encompasses just under 9000 square feet, complemented by an additional 800+ square foot office area. The building includes three garage doors ranging in height from 12 to 20 feet, all equipped with remotes. It is fitted with a new heater, a new water heater, and an oil heater. Included with the property are two Hotsy pressure washers, an acid wash system, and a fire hose system capable of 350 psi. The complete office area comes equipped with all necessary equipment, including a 5-line phone system, computer system, file cabinets, and storage. The property also features three bathrooms, washer/dryers, and a shower. An additional east lot measuring 165' x 208' is included. The property is located in Spencer, IA, and offers potential for various business uses such as a new truck business, storage facility, or tech shop.
    Location Intelligence

    Current Use by Public Records

    STL Logistics LLC Trucking Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tiger Pride Storage

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1316695
    Latitude
    43.1440011

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    FAQs

    What type of property is this?
    Warehouse - Versatile commercial building with included equipment and additional lot.
    Where is this warehouse located?
    The property is located at 906 E Milwaukee St Spencer, IA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Large, insulated, and heated 60x180 main shop with concrete floor.; - Includes adjacent 165' x 208' east lot.; - Three garage doors (12' to 20' high) with remotes.
    (712) 336-1240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    906 E Milwaukee St Spencer, IA 51301
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