Mixed-Use Property with Flexible
For Sale
$199,000
603 S Grand Ave, Spencer, IA 51301
Commercial space with a new sewer line and potential for retail, office, or combined use.
Property Size6,000 SF
Price / SF$33.17
Days on Market350
Property Features for 603 S Grand Ave
General Information
Standard status
Active
Size
6,000 SF
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,346
Amenities
new sewer line
Listing Agency:
Integrity Real Estate
(712) 339-0293
Listed By:
Nick Steffes · License #B44022000
(712) 339-0293
Source:
Exprealty
Added: Sep 15, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:09PM
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 mixed-use property offers approximately 6,000 square feet of commercial space along S Grand Ave in Spencer. The existing layout is described as adaptable, with the potential to configure the building into 3–4 separate units or maintain a broader multi-use arrangement.
A new sewer line is in place. The property is positioned in a high-traffic business setting with stated visibility and access, supporting consideration for retail, office, or other mixed-use plans. Its location and flexible configuration provide a range of ways to organize the space for occupancy or separate leasing.
A new sewer line is in place. The property is positioned in a high-traffic business setting with stated visibility and access, supporting consideration for retail, office, or other mixed-use plans. Its location and flexible configuration provide a range of ways to organize the space for occupancy or separate leasing.
Key Highlights
- Approximately 6,000 square feet of mixed‑use commercial space
- Potential configuration into 3–4 separate units
- New sewer line installed
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
419
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 - Commercial space with a new sewer line and potential for retail, office, or combined use.
Where is this mixed-use property located?
The property is located at 603 S Grand Ave Spencer, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of mixed‑use commercial space; Potential configuration into 3–4 separate units; New sewer line installed
