Spencer, IN
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    Spencer, IN Office Units for Sale

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    Gosport, IN Ellettsville, IN Bloomington, IN
    Charming Office Space in Spencer
    $449,000
    0.13 Acres
    Charming Office Space in Spencer

    23 S Main Street, Spencer, IN 47460

    Office space with charm, hardwood floors, and exposed brick.
    • Prime location on the west side of the square in Spencer.
    • Features hardwood floors, exposed brick walls, and tin ceilings, offering a charming aesthetic.
    • Includes 4 separate offices and 2 conference rooms, ideal for various business needs.
    • Offers 2 full baths and 1 half bath for convenience.
    • Equipped with an exercise room and kitchenette area.
    Updated: Feb 3, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Bloomington Commercial Land Opportunity
    $429,900
    4,200 SF
    Bloomington Commercial Land Opportunity

    1.67 acre commercial property with multiple buildings in Bloomington.

    500 S Cory Lane, Bloomington, IN 47403

    View details
    New Pole-Barn on Commercial Street
    $77,500
    0.22 Acres
    New Pole-Barn on Commercial Street

    New pole-barn on main thoroughfare suitable for contractors/delivery/shop.

    263 S Commercial Street, Worthington, IN 47471

    View details
    Rehabbed Office with Open Layout
    $1,600,000
    4,300 SF
    Rehabbed Office with Open Layout

    Office space with flexible layout, recently rehabbed in 2014.

    1145 N Sunrise Greetings Ct, Bloomington, IN

    View details
    Versatile Pole Barn on Gravel
    $100,000
    2,110 SF
    Versatile Pole Barn on Gravel

    New pole barn suitable for contractor, storage, office, or shop.

    263 S Commercial St, Worthington, IN 47471

    View details

    Spencer, IN Office Units Investment Opportunities Market Analysis

    Explore 1 office units 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 units 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

    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 median 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 sq ft
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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