Recently Renovated Retail Office
323 N Grand Ave. and 8 West 4th Street Spencer, IA 51301
For Sale
Contact for pricing
Pending
Completely leased renovated historical building with three stable tenants and potential second-level residential conversion.
Days on Market104
Property Features for 323 N Grand Ave. and 8 West 4th Street
General Information
- Standard status
- Pending
- Property subtype
- Retail, Office
Listing Agency:
Century 21 Signature Real Estate Ankeny
Listed By:
George McGuire · License #IA
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 10:01AM
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 Century 21 Signature Real Estate Ankeny
Investment Insights
Based on property information with market context.
This recently renovated historical building features an exterior restored to original neoclassical revival architecture and an interior updated to a contemporary loft feel. The property is completely leased with three stable tenants.
The building is located in the heart of Spencer’s Central Business District. A second level could be repurposed to accommodate 2–3 apartments, with parking and ample storage in the basement, subject to redevelopment.
Offered for sale, the asset combines current income with flexibility for a future change of use on the upper level.
The building is located in the heart of Spencer’s Central Business District. A second level could be repurposed to accommodate 2–3 apartments, with parking and ample storage in the basement, subject to redevelopment.
Offered for sale, the asset combines current income with flexibility for a future change of use on the upper level.
Key Highlights
- Recently renovated historical building with exterior restored to original neoclassical revival architecture
- Interior updated to a contemporary loft feel
- Completely leased with 3 stable tenants
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Completely leased renovated historical building with three stable tenants and potential second-level residential conversion.
Where is this retail space located?
The property is located at 323 N Grand Ave. and 8 West 4th Street Spencer, IA.
What are key features of this property?
This property features: Recently renovated historical building with exterior restored to original neoclassical revival architecture; Interior updated to a contemporary loft feel; Completely leased with 3 stable tenants