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Multi-Office Commercial Building
For Sale
$415,000

1713 Mcnaughton Way, Spencer, IA 51301

Corner-lot property with dedicated parking, multiple entrances, and a flexible office layout.

Property Size3,172 SF
Price / SF$130.83
Days on Market10

Property Features for 1713 Mcnaughton Way

General Information

Standard status Active
Size 3,172 SF
Property subtype Commercial

Additional Details

Road Access Yes
Office Units 8

Amenities

2 bathrooms
reception area
3 entrances

Building Details

Year Built 1993
Buildings 1
Listing Agency: Ingvall Real Estate Team
Listed By: Tricia Wempe · License #8359
Source: Integrityiowa
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 1:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ingvall Real Estate Team

Investment Insights

Based on property information with market context.

Built in 1993, this office building contains 3,172 square feet of commercial space arranged around 8 separate offices, a reception area, and 2 bathrooms. Three entrances serve the building from the east, south, and west, supporting practical access for occupants and visitors.

The property occupies a corner lot with more than 28,000 square feet of land and includes ample parking. Its substantial site area, office configuration, and multiple entry points provide a functional setting for a range of commercial operations while preserving room for parking and circulation.

Key Highlights

  • 3,172 SF commercial building constructed in 1993
  • 8 separate offices with reception area and 2 bathrooms
  • Three entrances on the east, south, and west sides

Property Analytics

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

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 - Corner-lot property with dedicated parking, multiple entrances, and a flexible office layout.
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 $415,000.
What are key features of this property?
This property features: 3,172 SF commercial building constructed in 1993; 8 separate offices with reception area and 2 bathrooms; Three entrances on the east, south, and west sides
More about this property
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