Building Details

Building Size 478 SF

Year Built 1971

Listing Agency: Northwest Iowa Realty k***@iowarealty.com Show Phone

Listed By: Kim Bates · License #B41316 Show Phone

Source: Lakelandrealtyofiowa

Added: Feb 11 Changed: Oct 24 Last Checked: Oct 24 at 2:36PM

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Investment Insights

Based on property information with market context.

This storefront at 17 E 5th Street in Spencer, Iowa, includes lighted boxes for signage. The building dates to 1971. Its location is described as just off Grand Avenue.

Key Highlights

• Lighted sign boxes for business signage
• Built in 1971
• Located just off Grand Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Grand Retreat Salon ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Electrical Service

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

759

Businesses Nearby

62k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 58% Dining 28% Shops & Services 13% Home Improvements & Furnishings 1%

Hy-Vee Groceries

27,351 visits/mo 0.4 miles

Fareway Groceries

9,043 visits/mo 0.3 miles

Scooter's Coffee Dining

7,542 visits/mo 0.3 miles

Pizza Ranch Dining

4,146 visits/mo 0.1 miles

Farmers Bank Shops & Services

3,411 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - The building offers lighted sign boxes for business identification.

Where is this storefront property located?

The property is located at 17 E 5th Street Spencer, IA.

What is the asking price?

The asking price for this property is $70,000.

What are key features of this property?

This property features: Lighted sign boxes for business signage; Built in 1971; Located just off Grand Avenue