519 Grand Ave Spencer, IA 51301

Listing agency Integrity Real Estate r***@integrityiowa.com Show Phone

Listed by Ryan Moran Show Phone

Source Exprealty

Added: Jun 15 Updated: Jul 22 at 4:53PM Checked: Jul 22 at 4:53PM

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Investment Insights

Based on property information with market context.

This established retail property is being offered for sale and combines street-facing commercial space with residential income. The building includes retail use at its core, plus two apartments that are currently established with established tenants, creating a mixed revenue profile.

Located on busy Grand Avenue in Spencer, the property is positioned for customer exposure with strong daily traffic counts and high visibility along the corridor. The convenience of access and the prominence of the storefront setting support ongoing commercial presence.

For buyers seeking a single asset with both retail operations and rental income, this offering provides an opportunity to own a retail storefront in a sought-after business location while benefiting from the included residential units.

Key Highlights

• Established retail space on high‑traffic Grand Avenue in Spencer
• Includes two occupied apartments with established tenants for additional rental income
• Property offers combined commercial and residential income

Property Analytics

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FAQs

What type of property is this?

Storefront property - Established retail space with two occupied apartments on Grand Avenue in Spencer, offering combined commercial and residential income.

Where is this storefront property located?

The property is located at 519 Grand Ave Spencer, IA.

What is the asking price?

The asking price for this property is $329,900.

What are key features of this property?

This property features: Established retail space on high‑traffic Grand Avenue in Spencer; Includes two occupied apartments with established tenants for additional rental income; Property offers combined commercial and residential income