Mixed-Use

Spencer, IA Mixed-use Properties for Sale

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Dickens, IA Ruthven, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Graettinger, IA Okoboji, IA Hartley, IA
Mixed-Use Property with Private Parking
Updated: Aug 5, 2025
Mixed-Use Property with Private Parking

2 N Grand Ave, Spencer, IA 51301

$369,900
4,200 SF of office and retail space
2,000 SF warehouse area
Detached 28 ft x 32 ft garage
7,200 SF of private concrete parking
1/2‑acre lot with Grand Avenue frontage
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Mixed-Use Property with Flexible Layout
Updated: Sep 15, 2025
Mixed-Use Property with Flexible Layout

603 S Grand Ave, Spencer, IA 51301

$199,000
6,000 sqft
Approximately 6,000 square feet of mixed‑use commercial space
Potential configuration into 3–4 separate units
New sewer line installed
Suitable for retail, office, or mixed‑use plans
Located at 603 S Grand Ave in Spencer, IA
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Fenced Yard
Mixed-Use Property with Fenced Yard

5047 HWY 3, Cherokee, IA 51012

$850,000
7.42 AC lot

Office, shop, warehouse, and heated garage buildings provide several distinct work areas on one property.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

26 Plymouth St SW, Le Mars, IA 51031

$300,000
0.09 AC lot

The upper level includes a vacant west-side apartment or weekly-rental setup and unfinished east-side space.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

115 E Main Street, Cherokee, IA 51012

$190,000
0.07 AC lot

Two occupied commercial spaces sit below three apartments, combining retail and residential uses in one building.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

30 PLYMOUTH ST SW, Le Mars, IA 51031

$584,900
0.09 AC lot

The upper floor contains two apartments, complementing the building’s commercial use.

View details

Off-Market Properties in Spencer, IA

Consider similar Off-Market properties in Spencer, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

318 Grand Ave
OFFICE/RESIDENTIAL (MIXED USE)

318 Grand Ave, Spencer, IA 51301-4141

Estimated value:
$250,000
4,000 sqft 0.08 AC lot
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509 Grand Ave
OFFICE/RESIDENTIAL (MIXED USE)

509 Grand Ave, Spencer, IA 51301-3913

Estimated value:
$265,000
4,700 sqft 0.08 AC lot
View details
320 Grand Ave
OFFICE/RESIDENTIAL (MIXED USE)

320 Grand Ave, Spencer, IA 51301-4161

Estimated value:
$255,000
6,460 sqft 0.09 AC lot
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505 Grand Ave
OFFICE/RESIDENTIAL (MIXED USE)

505 Grand Ave, Spencer, IA 51301-3913

Estimated value:
$325,000
11,906 sqft 0.16 AC lot
View details
115 7th St
OFFICE/RESIDENTIAL (MIXED USE)

115 7th St, Spencer, IA 51301-3711

Estimated value:
$255,000
7,562 sqft 0.56 AC lot
View details

Spencer, IA Mixed-Use Properties Market Trends and Statistics

Explore 7 mixed-use properties for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $568,900.

Sale prices for multi use buildings in Spencer, IA start at $199,000, averaging $284,450, and reaching up to $369,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) +0.0%
Median Household Income $61,175
College Educated 35.9%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51301 $284.5K

Taxes & Financing

Tax Rate (average for all types) 2.27%
Property Tax per SF $32.12 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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