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Wedding and Event Venue
For Sale
$825,000

24 W Park Street, Spencer, IA 51301

Fenced grounds and river views complement a geothermal-equipped event property with flexible lower-level space.

Property Size11,306 SF
Price / SF$72.97
Days on Market339

Property Features for 24 W Park Street

General Information

Standard status Active
Size 11,306 SF
Property subtype Commercial
Zoning Special riverfront zoning

Additional Details

Currently Operating Yes

Amenities

geothermal HVAC system
floor to ceiling windows
fenced in grounds
Bar Area
Elevator(S)
Fire Alarm
Kitchen Area
Restrooms
Smoke Detector
Sprinkler System
High Traffic Location
High Visibility

Building Details

Building Size 11,306 SF
Year Built 2009
Year Renovated 2025
Buildings 1
Listing Agency: Integrity Real Estate
Listed By: David Jacobsen · License #B04846
Source: Lakelandrealtyofiowa
Added: Nov 21, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:56PM

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 Integrity Real Estate

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Investment Insights

Based on property information with market context.

Operating as a wedding and event facility, this property includes a 6,300-square-foot first floor beneath a building relocated to the site in 2009. Floor-to-ceiling windows overlook the Little Sioux River, while geothermal HVAC serves the building. The lower level can function as separate retail or office space, and the grounds are fenced for outdoor gatherings.

Riverfront zoning supports residential and commercial use. Work completed in 2025 included a roof, cement patio, windows, geothermal HVAC updates, and partial siding replacement. The property is at 24 W Park Street in Spencer, Iowa.

Key Highlights

  • 6,300‑square‑foot first floor
  • Fenced grounds and views of the Little Sioux River
  • Geothermal HVAC system

Property Analytics

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Current Use

Independent Art Co. Tattoo & Piercing Shop TG Photography Photography Service Kings Steakhouse & Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage Electrical Service Building Supply

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

611
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Wedding venue - Fenced grounds and river views complement a geothermal-equipped event property with flexible lower-level space.
Where is this wedding venue located?
The property is located at 24 W Park Street Spencer, IA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 6,300‑square‑foot first floor; Fenced grounds and views of the Little Sioux River; Geothermal HVAC system
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