Spencer, IN Office Spaces for Sale

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Updated: Feb 3, 2025

Historic Office Suite with Conference Rooms

23 S Main Street, Spencer, IN 47460

$449,000

0.13 AC lot

1900‑built office space with 4 separate offices
Includes 2 conference rooms plus an exercise room and kitchenette area
2 full baths and 1 half bath
Basement level rooms included
Hardwood floors with exposed brick walls and tin ceilings

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

Office-Warehouse Flex Facility

4700 W Innovation Drive, Bloomington, IN 47404

$1,800,000

1.73 AC lot

Move-in ready office and heated, air-conditioned warehouse setup with multiple overhead doors and ample paved parking.

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Historic Bank Building with Rooftop Patio

31 E Main Street, Gosport, IN 47433

$225,000

0.04 AC lot

Historic 1867 building operating as a two-unit apartment with a rooftop patio and a basement studio with street entrance.

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Rehabbed Office with Open Layout

1145 N Sunrise Greetings Ct, Bloomington, IN

$1,600,000

4,300 sqft 10.19 AC lot

Office space with flexible layout, recently rehabbed in 2014.

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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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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 in Spencer, Indiana

2.861A W 46 Highway, Spencer, IN 47460

$499,900

2.86 AC lot

2.861-acre commercial land available in Spencer, Indiana.

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Zoned General Business Commercial Parcel

3389 N Finance Road, Bloomington, IN 47404

$299,000

1.47 AC lot

Commercial land parcel with road frontage and utility access for development under General Business zoning.

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Commercial Development Land with Dual Frontage

4833 W Arlington Road, Bloomington, IN 47404

$1,700,000

8.58 AC lot

Commercially zoned acreage with dual road frontage and existing structure ready for demolition or reuse.

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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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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.

OFFICE (GENERAL)

23 Main St, Spencer, IN 47460-1729

Value Estimation by Request

8,052 sqft 0.13 AC lot

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OFFICE (GENERAL)

236 Morgan St, Spencer, IN 47460-1218

Value Estimation by Request

396 sqft 0.38 AC lot

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MEDICAL BUILDING

926 State Hwy 46, Spencer, IN 47460-6749

Value Estimation by Request

14,315 sqft 2.60 AC lot

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OFFICE (GENERAL)

689 Morgan St, Spencer, IN 47460-1163

Value Estimation by Request

2,965 sqft 0.34 AC lot

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OFFICE (GENERAL)

278 Morgan St, Spencer, IN 47460-1428

Value Estimation by Request

2,432 sqft 0.20 AC lot

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MEDICAL BUILDING

9 Crane Ave, Spencer, IN 47460-1507

Value Estimation by Request

10,290 sqft 0.47 AC lot

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OFFICE BUILDING

257 Franklin St, Spencer, IN 47460-1608

Value Estimation by Request

1,297 sqft 0.19 AC lot

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OFFICE (GENERAL)

52 Market St, Spencer, IN 47460-1736

Value Estimation by Request

1,972 sqft 0.05 AC lot

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OFFICE (GENERAL)

2278 Wood Dr, Spencer, IN 47460

Value Estimation by Request

2,192 sqft 6.70 AC lot

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OFFICE (GENERAL)

Morgan St, Spencer, IN 47460

$585,000

Estimated value

7,320 sqft 0.10 AC lot

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OFFICE (GENERAL)

10 Montgomery St, Spencer, IN 47460-1738

$1,955,000

Estimated value

25,202 sqft 2.56 AC lot

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OFFICE (GENERAL)

166 St, Spencer, IN 47460-1404

Value Estimation by Request

2,356 sqft 0.28 AC lot

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OFFICE (GENERAL)

52 Main St, Spencer, IN 47460-1312

Value Estimation by Request

1,198 sqft 0.06 AC lot

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OFFICE (GENERAL)

3720 State Hwy 43, Spencer, IN 47460-5925

$650,000

Estimated value

15,591 sqft 22.00 AC lot

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MEDICAL BUILDING

40 Morgan St, Spencer, IN 47460-1445

Value Estimation by Request

1,481 sqft 0.34 AC lot

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MEDICAL BUILDING

219 Fletcher Ave, Spencer, IN 47460-1523

Value Estimation by Request

990 sqft 0.18 AC lot

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OFFICE (GENERAL)

26 Franklin St, Spencer, IN 47460-1726

Value Estimation by Request

966 sqft 0.02 AC lot

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OFFICE (GENERAL)

2040 Us Hwy 231, Spencer, IN 47460-6648

Value Estimation by Request

648 sqft 0.91 AC lot

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OFFICE (GENERAL)

781 Morgan St, Spencer, IN 47460-1547

Value Estimation by Request

1,056 sqft 0.16 AC lot

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MEDICAL BUILDING

524 Morgan St, Spencer, IN 47460-1544

Value Estimation by Request

1,897 sqft 0.37 AC lot

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OFFICE (GENERAL)

201 Morgan St, Spencer, IN 47460-1217

$2,350,000

Estimated value

33,730 sqft 1.11 AC lot

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OFFICE (GENERAL)

80 St, Spencer, IN 47460-1337

Value Estimation by Request

6,271 sqft 0.27 AC lot

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OFFICE (GENERAL)

60 Main St, Spencer, IN 47460-1795

$2,650,000

Estimated value

34,176 sqft 0.21 AC lot

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Spencer, IN Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $449,000.

Sale prices for office spaces in Spencer, IN start at $449,000, averaging $449,000, and reaching up to $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

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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Spencer, IN Office Spaces for Sale

23 S Main Street, Spencer, IN 47460

Opportunities in Nearby Cities

4700 W Innovation Drive, Bloomington, IN 47404

31 E Main Street, Gosport, IN 47433

1145 N Sunrise Greetings Ct, Bloomington, IN

31 E Main St, Gosport, IN 47433

Potential Development Sites for Consideration

2.861A W 46 Highway, Spencer, IN 47460

3389 N Finance Road, Bloomington, IN 47404

4833 W Arlington Road, Bloomington, IN 47404

72 N Oard Road, Bloomington, IN 47404

Off-Market Properties in Spencer, IN

23 Main St, Spencer, IN 47460-1729

236 Morgan St, Spencer, IN 47460-1218

926 State Hwy 46, Spencer, IN 47460-6749

689 Morgan St, Spencer, IN 47460-1163

278 Morgan St, Spencer, IN 47460-1428

9 Crane Ave, Spencer, IN 47460-1507

257 Franklin St, Spencer, IN 47460-1608

52 Market St, Spencer, IN 47460-1736

2278 Wood Dr, Spencer, IN 47460

Morgan St, Spencer, IN 47460

10 Montgomery St, Spencer, IN 47460-1738

166 St, Spencer, IN 47460-1404

52 Main St, Spencer, IN 47460-1312

3720 State Hwy 43, Spencer, IN 47460-5925

40 Morgan St, Spencer, IN 47460-1445

219 Fletcher Ave, Spencer, IN 47460-1523

26 Franklin St, Spencer, IN 47460-1726

2040 Us Hwy 231, Spencer, IN 47460-6648

781 Morgan St, Spencer, IN 47460-1547

524 Morgan St, Spencer, IN 47460-1544

201 Morgan St, Spencer, IN 47460-1217

80 St, Spencer, IN 47460-1337

60 Main St, Spencer, IN 47460-1795

Spencer, IN Office Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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