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    Spencer, IN
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    Spencer, IN Office Buildings for Sale

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    Multi-Office Building with Character
    Updated: Aug 17
    Multi-Office Building with Character

    23 S Main St, Spencer, IN 47460

    $449,000
    8,052 sqft
    8,052‑square‑foot office building constructed in 1900
    4 separate offices and 2 conference rooms
    2 full baths plus 1 half bath
    Exercise room, kitchenette area, and substantial storage
    Hardwood floors, exposed brick walls, and tin ceilings
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Interstate-Visible Office Building
    Interstate-Visible Office Building

    1025 West Acuff Road, Bloomington, IN 47404

    Contact for pricing
    18,036 sqft

    The property supports owner occupancy or multiple tenants, with leasing configured by full floor.

    View details
    NNN-Leased Office Building
    NNN-Leased Office Building

    123 S Franklin Road, Bloomington, IN 47404

    $2,900,000
    1.02 AC lot

    Updated mixed-use office asset with current triple-net occupancy and extension options.

    View details
    Bloomington Office Building For Sale
    Bloomington Office Building For Sale

    123 S Franklin Road, Bloomington, IN 47404

    Contact for pricing
    44,431 sqft

    Office building with 44,431 square feet in Bloomington.

    View details
    Rehabilitated Open-Plan Office Building
    Rehabilitated Open-Plan Office Building

    1145 N Sunrise Greetings Ct, Bloomington, IN 47404

    Contact for pricing
    27,000 sqft

    Updated office space with adaptable interiors, fiber connectivity, and cabling already in place.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land
    Commercial Development Land

    Wysscraft Lane, Martinsville, IN 46151

    $5,800,000
    10.00 AC lot

    Development tract with B2 and B3 zoning, electrical utilities on site, and other utilities near the property.

    View details
    Commercial Land Development Site
    Commercial Land Development Site

    9377 S STATE ROAD 39, Mooresville, IN 46158

    $3,400,000
    9.34 AC lot

    Commercial land parcel with public sewer service in Mooresville, Indiana.

    View details

    Off-Market Properties in Spencer, IN

    Consider similar Off-Market properties in Spencer, IN. 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.

    257 Franklin St
    OFFICE BUILDING

    257 Franklin St, Spencer, IN 47460-1608

    $245,000
    Estimated value
    1,297 sqft 0.19 AC lot
    View details
    Us Hwy 231
    OFFICE BUILDING

    Us Hwy 231, Spencer, IN 47460

    $280,000
    Estimated value
    576 sqft 1.30 AC lot
    View details
    210 Vandalia Ave
    OFFICE BUILDING

    210 Vandalia Ave, Spencer, IN 47460

    $250,000
    Estimated value
    624 sqft 0.18 AC lot
    View details
    88 Morgan St
    OFFICE BUILDING

    88 Morgan St, Spencer, IN 47460-1445

    $265,000
    Estimated value
    1,936 sqft 0.49 AC lot
    View details

    Spencer, IN Office Buildings Market Trends and Statistics

    Explore 5 office buildings for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 8,052 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for office properties in Spencer, IN average $449,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1
    Office Units 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +4.4%
    Median Household Income $67,688
    College Educated 29.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $34.39 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Owen County

    New Delisted

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