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    Spencer, OH Office Spaces for Sale

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    Homerville, OH Wellington, OH Litchfield, OH Lodi, OH Lagrange, OH Sullivan, OH West Salem, OH Strongsville, OH
    Industrial Flex Building with Drive-In Doors
    Updated: Oct 7, 2025
    Industrial Flex Building with Drive-In Doors

    201 Reed Street, Spencer, OH 44275

    $599,000
    10,032 sqft 3.43 AC lot
    10,032 SF office/warehouse building on 3.43 acres in Medina County
    Office/warehouse layout includes 4 drive‑in doors
    Central HVAC and public utilities
    Zoned Industrial
    Convenient access off OH‑301 south of Rt. 162 near Medina, Lodi, and Wellington
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 Reed Street, Spencer, Ohio 44275

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $649K
      Above asking

    • Last Sold

      Aug 2005
      $151K

    • Property Type

      Mini-Warehouse, Storage
      Built 1985
    View Property Analytics
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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 Church, School, and Parsonage
    Versatile Church, School, and Parsonage

    11233 Lagrange Rd, Elyria, OH 44035

    Contact for pricing
    11,912 sqft 3.00 AC lot

    Multi-functional property with endless development possibilities on 3 acres.

    View details
    Elyria Office Building For Sale
    Elyria Office Building For Sale

    620 E River St, Elyria, OH

    Contact for pricing
    38,531 sqft 9.00 AC lot

    Office building with high traffic and downtown proximity.

    View details
    Business Condo with Multiple Offices
    Business Condo with Multiple Offices

    1004 Vivian Drive, Grafton, OH 44044

    $239,900
    0.04 AC lot

    Finished office condo with five offices, lobby, and storage, plus front and back access.

    View details
    Grafton Business Condo For Sale
    Grafton Business Condo For Sale

    1004 Vivian Dr W, Grafton, OH 44044

    Contact for pricing
    1,989 sqft

    Business condo with offices, lobby, and storage areas.

    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.

    23 Acres of Zoned Land
    23 Acres of Zoned Land

    V/L Clinton Avenue, Lorain, OH 44055

    $325,000
    23.18 AC lot

    Over 23 acres of land zoned B-2 in Lorain, OH.

    View details
    High-Traffic Corner Commercial Lot
    High-Traffic Corner Commercial Lot

    27693 Butternut Ridge Road, North Olmsted, OH 44070

    $69,900
    0.21 AC lot

    0.21-acre commercial lot at a signalized 5-way intersection.

    View details
    Lorain Commercial Lot Near Downtown
    Lorain Commercial Lot Near Downtown

    1122 F Street, Lorain, OH 44052

    $149,900
    1.26 AC lot

    Commercial lot in Lorain, ready for redevelopment or adaptive reuse.

    View details
    Cleveland West Side Development Opportunity
    Cleveland West Side Development Opportunity

    4724 Denison Avenue, Cleveland, OH 44102

    Contact for pricing

    Vacant parcel in high-visibility corridor, zoned General Retail.

    View details

    Off-Market Properties in Spencer, OH

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

    106 Main St
    OFFICE BUILDING

    106 Main St, Spencer, OH 44275-9528

    Value Estimation by Request
    4,260 sqft 0.11 AC lot
    View details
    225 Main St
    OFFICE BUILDING

    225 Main St, Spencer, OH 44275-9759

    Value Estimation by Request
    1,980 sqft 10.77 AC lot
    View details
    111 Main St
    OFFICE BUILDING

    111 Main St, Spencer, OH 44275-9565

    $640,000
    Estimated value
    8,808 sqft 0.40 AC lot
    View details

    Spencer, OH Office Spaces Market Trends and Statistics

    Explore 4 office spaces for sale in Spencer, OH on our real estate platform. These investment opportunities span a total of 10,032 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for office spaces in Spencer, OH average $599,000 — 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 1

    Demographics Overview

    Population 3,190
    Population Growth (5Y) -2.7%
    Median Household Income $102,083
    College Educated 19.2%

    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
    44275 $599K

    Taxes & Financing

    Tax Rate (average for all types) 4.84%
    Property Tax per SF $96.91 per SF
    Average Loan-to-Value 65.0%

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