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Cold-Storage Flex Space
For Sale
$429,500

2502 Hwy Boulevard, Spencer, IA 51301

Mixed-use commercial space combines loading access, refrigerated storage, offices, and open merchandising areas.

Property SizeContact for details
Days on Market10

Property Features for 2502 Hwy Boulevard

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cold Storage Yes

Building Details

Year Built 1945
Listing Agency: Integrity Real Estate
Listed By: Ryan Moran · License #8325
Source: Integrityiowa
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 29 at 1:25PM

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

Investment Insights

Based on property information with market context.

This flex space is a mixed-use commercial property constructed in 1945, with a configuration that supports several operational functions under one roof. The improvements include refrigerated cold-storage capacity, loading access, dedicated office areas, and open interior space suited to retail display or merchandising. The layout can accommodate warehouse, distribution, office, retail, or combined use as supported by the existing features.

The property is located on the north side of Spencer along Hwy 71. Its position on the highway provides direct exposure to passing traffic, while the combination of storage, loading, office, and open-area components offers a practical platform for businesses requiring varied commercial functions.

Key Highlights

  • Refrigerated cold‑storage space
  • Loading access for commercial operations
  • Dedicated office areas within the property

Property Analytics

Current Use

ASP Promotions LLC Production Facility Loffler Companies Business To Business Service Office Systems Co Big Box & Wholesale Store

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Hair Salon Law Firm Nail Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Balanced
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Mixed-use commercial space combines loading access, refrigerated storage, offices, and open merchandising areas.
Where is this flex space located?
The property is located at 2502 Hwy Boulevard Spencer, IA.
What is the asking price?
The asking price for this property is $429,500.
What are key features of this property?
This property features: Refrigerated cold‑storage space; Loading access for commercial operations; Dedicated office areas within the property
More about this property
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