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    Spencer, IA
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    Spencer, IA Restaurants for Sale

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    Fostoria, IA Everly, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Ruthven, IA Peterson, IA Graettinger, IA
    Restaurant with Playground and Office
    Updated: Dec 3, 2024
    Restaurant with Playground and Office

    202 11th St SW, Spencer, IA

    $799,000
    5,438 sqft 0.90 AC lot
    57 Parking Spaces available
    Restaurant Equipment Included for a turn‑key operation
    3,232 SF Fast‑Food Building
    1,150 SF Office Space
    1,056 SF Playground (Built in 1998)
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 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.

    High-Visibility Restaurant-Ready Building
    High-Visibility Restaurant-Ready Building

    3307 Hwy 71, Spirit Lake, IA 51360

    $895,000

    Former bank/restaurant building on Highway 71 with equipment-cleared interior and adaptable infrastructure for food concepts.

    View details
    Drive-Through Restaurant Space
    Drive-Through Restaurant Space

    604 18th St, Spirit Lake, IA 51360

    Contact for pricing

    Drive-thru restaurant with double lane and dual service windows, plus exhaust hood, HVAC, grease trap, and negotiable equipment.

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    Established Bar in Downtown Emmetsburg
    Established Bar in Downtown Emmetsburg

    1007 Broadway Street, Emmetsburg, IA 50536

    $155,000
    4,356 sqft 0.07 AC lot

    Turnkey bar with loyal clientele in a prime location.

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    Former Church with Stained Glass
    Former Church with Stained Glass

    2001 10th St, Emmetsburg, IA 50536

    $225,000

    Well-kept former church with endless possibilities for business or unique home.

    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.

    Fort Dodge Commercial Land
    Fort Dodge Commercial Land

    Leah Lane lot: 1 Triton Pl, Fort Dodge, IA 50501

    $845,000
    2.98 AC lot

    Commercial land available in Fort Dodge, Iowa.

    View details
    Downtown Retail Space with Visibility
    Downtown Retail Space with Visibility

    130 Nebraska St, Suite A, Sioux City, IA 51101

    Contact for pricing
    2.08 AC lot

    Ground-floor retail space in downtown Sioux City with high daily vehicle traffic and convenient parking access.

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    General Business Lot with Visibility
    General Business Lot with Visibility

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    Zoned GB, this roughly half-acre commercial lot offers visibility from Main Street for a variety of business uses.

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    General Commercial Lot at Intersection
    General Commercial Lot at Intersection

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General commercial lot at the intersection of Heritage Parkway and Kevin Drive in Tea, SD, across from multiple retail and service uses.

    View details

    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.

    416 Grand Ave
    BAKERY

    416 Grand Ave, Spencer, IA 51301-4037

    Value Estimation by Request
    4,250 sqft 0.08 AC lot
    View details
    829 Grand Ave
    RESTAURANT

    829 Grand Ave, Spencer, IA 51301-5733

    Value Estimation by Request
    2,782 sqft 0.55 AC lot
    View details
    704 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    704 Grand Ave, Spencer, IA 51301-5730

    $615,000
    Estimated value
    2,432 sqft 0.67 AC lot
    View details
    331 11th SW St
    BAR, TAVERN

    331 11th SW St, Spencer, IA 51301-5801

    Value Estimation by Request
    3,304 sqft 0.28 AC lot
    View details
    706 11th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    706 11th SW St, Spencer, IA 51301-5560

    $1,390,000
    Estimated value
    2,857 sqft 0.72 AC lot
    View details
    1400 12th SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1400 12th SW Ave, Spencer, IA 51301-5671

    Value Estimation by Request
    1,461 sqft 0.75 AC lot
    View details
    202 11th St Sw Plz
    RESTAURANT

    202 11th St Sw Plz, Spencer, IA 51301-5814

    Value Estimation by Request
    5,438 sqft 0.90 AC lot
    View details
    316 Grand Ave
    BAR, TAVERN

    316 Grand Ave, Spencer, IA 51301-4141

    Value Estimation by Request
    3,000 sqft 0.04 AC lot
    View details
    1721 1st W Ave
    RESTAURANT

    1721 1st W Ave, Spencer, IA 51301-3438

    Value Estimation by Request
    4,080 sqft 0.62 AC lot
    View details
    1919 Hwy Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1919 Hwy Blvd, Spencer, IA 51301-2218

    Value Estimation by Request
    2,612 sqft 0.33 AC lot
    View details
    18 4th St
    RESTAURANT

    18 4th St, Spencer, IA 51301-4009

    Value Estimation by Request
    4,525 sqft 0.07 AC lot
    View details
    208 Grand Ave
    RESTAURANT

    208 Grand Ave, Spencer, IA 51301-4121

    Value Estimation by Request
    260 sqft 0.02 AC lot
    View details
    214 Grand Ave
    RESTAURANT

    214 Grand Ave, Spencer, IA 51301-4121

    Value Estimation by Request
    5,880 sqft 0.09 AC lot
    View details
    312 Grand Ave
    RESTAURANT

    312 Grand Ave, Spencer, IA 51301-4141

    Value Estimation by Request
    2,002 sqft 0.10 AC lot
    View details
    1205 Grand Ave
    RESTAURANT

    1205 Grand Ave, Spencer, IA 51301-5913

    Value Estimation by Request
    7,584 sqft 1.08 AC lot
    View details
    723 Grand Ave
    RESTAURANT

    723 Grand Ave, Spencer, IA 51301-5731

    Value Estimation by Request
    2,004 sqft 0.71 AC lot
    View details
    921 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    921 Grand Ave, Spencer, IA 51301-5717

    Value Estimation by Request
    3,400 sqft 0.67 AC lot
    View details
    2304 Hwy Blvd
    BAR, TAVERN

    2304 Hwy Blvd, Spencer, IA 51301-2108

    Value Estimation by Request
    2,462 sqft 0.44 AC lot
    View details
    804 11th SW St
    RESTAURANT

    804 11th SW St, Spencer, IA 51301-5526

    Value Estimation by Request
    4,908 sqft 0.79 AC lot
    View details
    513 Grand Ave
    BAR, TAVERN

    513 Grand Ave, Spencer, IA 51301-5322

    Value Estimation by Request
    1,708 sqft 0.31 AC lot
    View details
    528 Grand Ave
    RESTAURANT

    528 Grand Ave, Spencer, IA 51301-3912

    Value Estimation by Request
    6,670 sqft 0.15 AC lot
    View details
    605 Grand Ave
    TAKE-OUT RESTAURANT

    605 Grand Ave, Spencer, IA 51301-3921

    $1,140,000
    Estimated value
    38,092 sqft 0.42 AC lot
    View details
    1019 Grand Ave
    RESTAURANT

    1019 Grand Ave, Spencer, IA 51301-5738

    Value Estimation by Request
    3,172 sqft 3.57 AC lot
    View details

    Spencer, IA Restaurants Market Trends and Statistics

    Explore 38 restaurants for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 5,438 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for restaurant properties in Spencer, IA start at $799,000, averaging $799,000, and reaching up to $799,000 — 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

    Drive through restaurants 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.0%
    Median Household Income $61,175
    College Educated 35.9%

    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%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

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