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    Spencer, IN
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    Spencer, IN Office Spaces for Sale

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    Office Units with Conference Rooms
    Updated: Feb 3, 2025
    Office Units with Conference Rooms

    23 S Main Street, Spencer, IN 47460

    $449,000
    0.13 AC lot
    4 separate offices and 2 conference rooms
    2 full bathrooms plus 1 half bathroom
    Exercise room, kitchenette, extensive storage, and basement
    Hardwood floors, exposed brick walls, and tin ceilings
    Central air conditioning with carpet, wood, and ceramic tile flooring
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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
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    Medical Office and Clinic Building
    Medical Office and Clinic Building

    9 N Crane Ave, Spencer, IN 47460

    Contact for pricing
    10,288 sqft

    10,288 sq. ft. medical office and clinic building zoned Commercial/Industrial, with room for multiple healthcare and non-medical uses.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office Building with Hardwood Floors
    Office Building with Hardwood Floors

    385 E Morgan Street, Spencer, IN 47460

    Contact for pricing

    Two-level office property with a conference room, private offices, two bathrooms, and ADA-compliant front entry access.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Storefront Retail Building with Office
    Storefront Retail Building with Office

    3001 N Smith Pike, Bloomington, IN 47404

    $469,000
    1,800 sqft

    Flexible commercial building with showroom, office, kitchen, storage, licenses, and CD zoning for multiple business uses.

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    Two-Level Mixed-Use Property
    Two-Level Mixed-Use Property

    147 Main Street, Gosport, IN 47433

    $189,900
    2,400 sqft

    Flexible two-level layout combines adaptable main-floor space with private living areas above.

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    Live-Work Building with Rooftop Access
    Live-Work Building with Rooftop Access

    31 E Main St, Gosport, IN 47433

    Contact for pricing
    5,088 sqft

    Two-level live-work property with downstairs commercial space and upstairs living quarters featuring direct rooftop access.

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    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.

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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.

    Commercial Land with Signal Access
    Commercial Land with Signal Access

    3389 N Finance Road, Bloomington, IN 47404

    $299,000
    1.47 AC lot

    GB-zoned commercial parcel with on-site sewer and an entry aligned with Arlington Road for stoplight access.

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    Bloomington Commercial Land For Sale
    Bloomington Commercial Land For Sale

    72 N Oard Road, Bloomington, IN 47404

    $350,000
    1.57 AC lot

    1.57 acre commercial land parcel in Bloomington, Indiana.

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    MC-Zoned Commercial Land
    MC-Zoned Commercial Land

    1906 W 3rd Street, Bloomington, IN 47403

    $275,000
    0.98 AC lot

    Vacant parcel with MC zoning for retail, office, and contractor-service uses, including drive-through restaurant development.

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    Commercial Land with Dual Avenue Frontage
    Commercial Land with Dual Avenue Frontage

    542 S Walnut Street, Bloomington, IN 47401

    $1,200,000
    0.66 AC lot

    0.66-acre downtown parcel zoned Mixed Use Downtown with 100 feet on Walnut and 100 feet on College Avenue.

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    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.

    23 Main St
    OFFICE (GENERAL)

    23 Main St, Spencer, IN 47460-1729

    $250,000
    Estimated value
    8,052 sqft 0.13 AC lot
    View details
    236 Morgan St
    OFFICE (GENERAL)

    236 Morgan St, Spencer, IN 47460-1218

    $235,000
    Estimated value
    396 sqft 0.38 AC lot
    View details
    926 State Hwy 46
    MEDICAL BUILDING

    926 State Hwy 46, Spencer, IN 47460-6749

    $460,000
    Estimated value
    14,315 sqft 2.60 AC lot
    View details
    689 Morgan St
    OFFICE (GENERAL)

    689 Morgan St, Spencer, IN 47460-1163

    $220,000
    Estimated value
    2,965 sqft 0.34 AC lot
    View details
    278 Morgan St
    OFFICE (GENERAL)

    278 Morgan St, Spencer, IN 47460-1428

    $225,000
    Estimated value
    2,432 sqft 0.20 AC lot
    View details
    9 Crane Ave
    MEDICAL BUILDING

    9 Crane Ave, Spencer, IN 47460-1507

    $260,000
    Estimated value
    10,290 sqft 0.47 AC lot
    View details
    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
    52 Market St
    OFFICE (GENERAL)

    52 Market St, Spencer, IN 47460-1736

    $155,000
    Estimated value
    1,972 sqft 0.05 AC lot
    View details
    2278 Wood Dr
    OFFICE (GENERAL)

    2278 Wood Dr, Spencer, IN 47460

    $135,000
    Estimated value
    2,192 sqft 6.70 AC lot
    View details
    Morgan St
    OFFICE (GENERAL)

    Morgan St, Spencer, IN 47460

    $280,000
    Estimated value
    7,320 sqft 0.10 AC lot
    View details
    10 Montgomery St
    OFFICE (GENERAL)

    10 Montgomery St, Spencer, IN 47460-1738

    $495,000
    Estimated value
    25,202 sqft 2.56 AC lot
    View details
    166 St
    OFFICE (GENERAL)

    166 St, Spencer, IN 47460-1404

    $95,000
    Estimated value
    2,356 sqft 0.28 AC lot
    View details
    52 Main St
    OFFICE (GENERAL)

    52 Main St, Spencer, IN 47460-1312

    $130,000
    Estimated value
    1,198 sqft 0.06 AC lot
    View details
    3720 State Hwy 43
    OFFICE (GENERAL)

    3720 State Hwy 43, Spencer, IN 47460-5925

    $280,000
    Estimated value
    15,591 sqft 22.00 AC lot
    View details
    40 Morgan St
    MEDICAL BUILDING

    40 Morgan St, Spencer, IN 47460-1445

    $255,000
    Estimated value
    1,481 sqft 0.34 AC lot
    View details
    219 Fletcher Ave
    MEDICAL BUILDING

    219 Fletcher Ave, Spencer, IN 47460-1523

    $265,000
    Estimated value
    990 sqft 0.18 AC lot
    View details
    26 Franklin St
    OFFICE (GENERAL)

    26 Franklin St, Spencer, IN 47460-1726

    $175,000
    Estimated value
    966 sqft 0.02 AC lot
    View details
    2040 Us Hwy 231
    OFFICE (GENERAL)

    2040 Us Hwy 231, Spencer, IN 47460-6648

    $245,000
    Estimated value
    648 sqft 0.91 AC lot
    View details
    781 Morgan St
    OFFICE (GENERAL)

    781 Morgan St, Spencer, IN 47460-1547

    $185,000
    Estimated value
    1,056 sqft 0.16 AC lot
    View details
    524 Morgan St
    MEDICAL BUILDING

    524 Morgan St, Spencer, IN 47460-1544

    $275,000
    Estimated value
    1,897 sqft 0.37 AC lot
    View details

    Spencer, IN Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Spencer, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,340 square feet of properties for sale, with an estimated market value of $898,000.

    Sale prices for office spaces 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

    Office buildings 2
    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%

    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
    47460 $449K

    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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