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Premium Commercial Unit in Spencer

11th Avenue Spencer, IA 51301

For Sale

Under Contract

$285,000

COMMERCIAL - Spencer, IA

Property size:

3,200 SF

Price / SF:

$89/SF

For Sale

Under Contract

$285,000

COMMERCIAL - Spencer, IA

Property size:

3,200 SF

Price / SF:

$89/SF

Added:: Feb 19, 2026
Days on Market:: 142
Last Refresh:: Jul 11 at 8:06 am

Property Features for 11th Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Parking features: Driveway
Exterior features: High Visibility
Standard status: Active Under Contract
APN: 963725254007
Size: 3,200 SF

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 1

Utilities

Sewer type: Public Sewer
Heating system: Radiant
Water source: Public

Building Details

Year built: 2023
Building materials: Steel Siding
Roof type: Metal

Listing agent Janie Eick License #S66795

Listing office RE/MAX Lakes Realty 272 Hwy 71 PO Box 427, Spirit Lake, IA

Listing date Feb 19, 2026

MLS# 260035

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.

This premium 40 x 80 commercial unit, built in 2023, offers an outstanding opportunity for ownership in a multi-unit building with excellent exposure just off Hwy 71 in Spencer, Iowa. Constructed with southern yellow pine framing, the unit features a 14 x 14 overhead door with R18 insulation and openers. The unit also includes 6-inch concrete floors reinforced with fiberglass rebar, and 16-inch thickened perimeter edges. Interior divider walls have two layers of 5/8 fire board, and all exterior, dividing, and ceiling walls include a 10 mil poly liner. The attic is insulated with R50 cellulose. The unit is equipped with a 200 amp load center, LED high bay and exterior lighting, floor drain and catch basin drains, and plumbing ready for a future bathroom. The property is serviced with city water and sewer, natural gas with Black Hills Energy, and electricity with Iowa Lakes Electric. Ideal for storage, contractor space, small business operations, or investment, this unit combines quality construction, energy efficiency, and a prime location, offering flexibility and immediate usability.

Key Highlights

Prime Location: Excellent exposure just off Hwy 71 in Spencer.
New Construction: Built in 2023, ensuring modern standards and minimal maintenance.
High‑Quality Construction: Features southern yellow pine framing, 6‑inch reinforced concrete floors, and durable steel siding.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

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For sale
Flex space
IA
Spencer
51301
11th Avenue

What type of property is this?

Flex space - New commercial unit with excellent exposure off Hwy 71.

Where is this flex space located?

The property is located at 11th Avenue Spencer, IA.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: Prime Location: Excellent exposure just off Hwy 71 in Spencer.; New Construction: Built in 2023, ensuring modern standards and minimal maintenance.; High‑Quality Construction: Features southern yellow pine framing, 6‑inch reinforced concrete floors, and durable steel siding.

11th Avenue Spencer, IA 51301

COMMERCIAL - Spencer, IA

Property Features for 11th Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Similar For Sale Nearby

Former Truck Shop with Extras

Premium Commercial Unit in Spencer

Partially Remodeled Six-Unit Apartment Building

Metal Warehouse with Three Overhead Doors

Mixed-Use Commercial Building

Office Warehouse in West Industrial

Three-Unit Residential Income Property

Anchored Retail Center For Sale

Restaurant with Playground and Office

Prime Retail Location Available

FAQs