Spencer, IA
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    Spencer, IA Office Spaces for Sale

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    Fostoria, IA Everly, IA Milford, IA
    Premium Commercial Unit in Spencer
    $285,000
    3,200 SF
    Premium Commercial Unit in Spencer

    11th Avenue, Spencer, IA 51301

    New construction commercial unit perfect for storage, business, or investment.
    • Prime Location: Excellent exposure just off Hwy 71 in Spencer.
    • New Construction: Built in 2023, ensuring modern standards and minimal maintenance.
    • High‑Quality Construction: Features southern yellow pine framing, 6‑inch reinforced concrete floors, and robust insulation.
    • Flexible Usage: Ideal for storage, contractor space, small business operations, or investment.
    • Essential Utilities: Serviced with city water & sewer, natural gas (Black Hills Energy), and electricity (Iowa Lakes Electric).
    Updated: Feb 19
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    Mixed-Use Commercial Property in Spencer
    $399,000
    6,200 SF
    Mixed-Use Commercial Property in Spencer

    2 N Grand Ave, Spencer, IA 51301

    Office, retail, and warehouse space with parking on 0.5-acre lot.
    • Mixed‑use commercial property with office/retail space plus warehouse
    • 4,200 SF office/retail area and 2,000 SF warehouse
    • Detached 28' x 32' garage plus 7,200 SF of private off‑street concrete parking
    • 1/2‑acre lot with Grand Avenue frontage
    • Built in 1947 with block and brick construction
    Updated: Aug 5, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 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.

    Versatile Commercial Building in Estherville
    $275,000
    7,000 SF
    Versatile Commercial Building in Estherville

    7,000+ sq ft commercial building suitable for diverse ventures.

    103 S 6th Street, Estherville, IA 51334

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    Drive-Thru Ready Restaurant Building
    $895,000
    Drive-Thru Ready Restaurant Building

    Versatile former bank/restaurant building with drive-thru infrastructure and strong highway exposure for restaurants or retail.

    3307 Hwy 71, Spirit Lake, IA 51360

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    Massive Office Building with Storage
    $349,000
    6,120 SF
    Massive Office Building with Storage

    6,120 sq ft office building with storage for sale.

    3524 Highway 71 S, Spirit Lake, IA 51360

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    Versatile Industrial Property in Estherville
    $1,100,000
    17,200 SF
    Versatile Industrial Property in Estherville

    Industrial property with warehouse and office space on 3.90 acres.

    3303 Murray Road, Estherville, IA 51334

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    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.

    Graded Commercial Land Parcel
    $695,000
    4.70 Acres
    Graded Commercial Land Parcel

    A graded commercial parcel with arterial commercial zoning and utilities available in the street for straightforward site development.

    P Avenue, Milford, IA 51351

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    Commercial Land in Spirit Lake
    $123,500
    0.44 Acres
    Commercial Land in Spirit Lake

    Commercial zoned land in a prime business location.

    Lake Street, Spirit Lake, IA 51360

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    Commercial Lots in Graettinger, Iowa
    $34,999
    0.79 Acres
    Commercial Lots in Graettinger, Iowa

    Two bare lots, commercially zoned, potential for residential rezoning.

    N Cedar Avenue, Graettinger, IA 51342

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    Commercial Land on Highway 60&71
    $138,900
    0.38 Acres
    Commercial Land on Highway 60&71

    0.38 acre commercial lot with high traffic exposure.

    240 3rd Avenue, Windom, MN 56101

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    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.

    2311 18th St
    OFFICE BUILDING
    4,032 SF Lot: 0.42 Acres
    Value Estimation by Request

    2311 18th St, Spencer, IA 51301-2631

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    1610 12th SW Ave
    OFFICE BUILDING
    5,544 SF Lot: 0.92 Acres
    Value Estimation by Request

    1610 12th SW Ave, Spencer, IA 51301-5670

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    110 4th St
    PROFESSIONAL BUILDING
    14,640 SF Lot: 0.44 Acres
    Value Estimation by Request

    110 4th St, Spencer, IA 51301-3858

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    502 Southmoor Dr
    OFFICE BUILDING
    8,272 SF Lot: 1.02 Acres
    Estimated value
    $915,000

    502 Southmoor Dr, Spencer, IA 51301-5652

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    35 1st St
    OFFICE BUILDING
    1,472 SF Lot: 0.19 Acres
    Value Estimation by Request

    35 1st St, Spencer, IA 51301-4209

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    14 5th St
    OFFICE BUILDING
    880 SF Lot: 0.02 Acres
    Value Estimation by Request

    14 5th St, Spencer, IA 51301-3904

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    2915 11th SW Ave
    OFFICE BUILDING
    1,716 SF Lot: 1.50 Acres
    Estimated value
    $685,000

    2915 11th SW Ave, Spencer, IA 51301-5522

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    1210 18th St
    MEDICAL BUILDING
    1,344 SF Lot: 0.63 Acres
    Value Estimation by Request

    1210 18th St, Spencer, IA 51301-2817

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    215 Grand Ave
    PROFESSIONAL BUILDING
    13,062 SF Lot: 0.17 Acres
    Value Estimation by Request

    215 Grand Ave, Spencer, IA 51301-4122

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    521 Grand Ave
    OFFICE BUILDING
    2,448 SF Lot: 0.54 Acres
    Value Estimation by Request

    521 Grand Ave, Spencer, IA 51301-5333

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    1807 Norris Pl, Unit 5
    OFFICE BUILDING
    971 SF Lot: 0.46 Acres
    Value Estimation by Request
    Unit 5

    1807 Norris Pl, Spencer, IA 51301-3451

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    316 11th SW St
    PROFESSIONAL BUILDING
    4,728 SF Lot: 2.07 Acres
    Value Estimation by Request

    316 11th SW St, Spencer, IA 51301

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    719 1st W Ave
    OFFICE BUILDING
    2,000 SF Lot: 0.05 Acres
    Value Estimation by Request

    719 1st W Ave, Spencer, IA 51301-3708

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    19 10th SW St
    MEDICAL BUILDING
    4,410 SF Lot: 0.19 Acres
    Value Estimation by Request

    19 10th SW St, Spencer, IA 51301-5684

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    905 Grand Ave
    OFFICE BUILDING
    1,798 SF Lot: 0.39 Acres
    Value Estimation by Request

    905 Grand Ave, Spencer, IA 51301-5717

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    20 6th St
    PROFESSIONAL BUILDING
    764 SF Lot: 0.24 Acres
    Value Estimation by Request

    20 6th St, Spencer, IA 51301-3901

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    14 21st St
    OFFICE BUILDING
    10,560 SF Lot: 0.54 Acres
    Estimated value
    $550,000

    14 21st St, Spencer, IA 51301-2209

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    201 11th St
    MEDICAL BUILDING
    11,718 SF Lot: 0.54 Acres
    Estimated value
    $560,000

    201 11th St, Spencer, IA 51301-4436

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    820 Grand Ave
    MEDICAL BUILDING
    4,000 SF Lot: 0.33 Acres
    Estimated value
    $960,000

    820 Grand Ave, Spencer, IA 51301-3631

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    610 Milw St
    OFFICE BUILDING
    780 SF Lot: 1.19 Acres
    Value Estimation by Request

    610 Milw St, Spencer, IA 51301

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    2000 Hwy Blvd
    OFFICE BUILDING
    2,400 SF Lot: 1.21 Acres
    Value Estimation by Request

    2000 Hwy Blvd, Spencer, IA 51301-2112

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    328 Grand Ave
    OFFICE BUILDING
    4,118 SF Lot: 0.11 Acres
    Value Estimation by Request

    328 Grand Ave, Spencer, IA 51301-4141

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    Spencer, IA Office Spaces Investment Opportunities Market Analysis

    Explore 72 office spaces for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 9,400 square feet of properties for sale, with an estimated market value of $684,000.

    Sale prices for office spaces in Spencer, IA start at $285,000, averaging $342,000, and reaching up to $399,000 — 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

    Office Units 2

    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 $342K

    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%

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