Mixed-Use Property with Private
For Sale
$369,900
2 N Grand Ave, Spencer, IA 51301
COMMERCIAL, Spencer, IA
Property SizeContact for details
Lot Size0.50 Acres
Days on Market386
Property Features for 2 N Grand Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage - Detached, Driveway
Subdivision
Clay
Standard status
Active
APN
963618138016
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
10-12 KOP & 13 & 14 KOP
Tax Annual Amount
8202
Legal Description
10-12 KOP & 13 & 14 KOP
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
off-street parking
Building Details
Year built
1947
Building materials
Block, Brick
Roof type
Tar/Gravel
Listing Agency:
Realty Professionals
(712) 363-0145
Listed By:
Mark Hallett · License #B04510
(712) 363-0145
Added: Aug 5, 2025
Changed: Aug 20
Last Checked: Aug 25 at 7:06AM
MLS# 251017
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 mixed-use commercial property combines 4,200 square feet of office and retail space with a separate 2,000-square-foot warehouse. A detached 28-foot by 32-foot garage adds additional enclosed utility, while 7,200 square feet of private concrete parking serves the improvements. The property occupies a 1/2-acre site with frontage along Grand Avenue.
Constructed in 1947, the building features block and brick construction, forced-air heat, central air conditioning, and a tar-and-gravel roof. Public water and public sewer serve the property. Parking and access improvements include the detached garage and driveway.
Constructed in 1947, the building features block and brick construction, forced-air heat, central air conditioning, and a tar-and-gravel roof. Public water and public sewer serve the property. Parking and access improvements include the detached garage and driveway.
Key Highlights
- 4,200 SF of office and retail space
- 2,000 SF warehouse area
- Detached 28 ft x 32 ft garage
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined office, retail, warehouse, and detached garage improvements support multiple commercial functions on one site.
Where is this mixed-use property located?
The property is located at 2 N Grand Ave Spencer, IA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 4,200 SF of office and retail space; 2,000 SF warehouse area; Detached 28 ft x 32 ft garage
