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    Spencer, IA
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    Spencer, IA Retail Properties & Spaces for Sale

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    Dickens, IA Fostoria, IA Everly, IA Rossie, IA Ruthven, IA Milford, IA Terril, IA West Okoboji, IA
    Mixed-Use Property with Private Parking
    Updated: Aug 5, 2025
    Mixed-Use Property with Private Parking

    2 N Grand Ave, Spencer, IA 51301

    $369,900
    4,200 SF of office and retail space
    2,000 SF warehouse area
    Detached 28 ft x 32 ft garage
    7,200 SF of private concrete parking
    1/2‑acre lot with Grand Avenue frontage
    View details
    Mixed-Use Property with Flexible Layout
    Updated: Sep 15, 2025
    Mixed-Use Property with Flexible Layout

    603 S Grand Ave, Spencer, IA 51301

    $199,000
    6,000 sqft
    Approximately 6,000 square feet of mixed‑use commercial space
    Potential configuration into 3–4 separate units
    New sewer line installed
    Suitable for retail, office, or mixed‑use plans
    Located at 603 S Grand Ave in Spencer, IA
    View details
    Cold-Storage Flex Space
    Cold-Storage Flex Space

    2502 Hwy Boulevard, Spencer, IA 51301

    $429,500

    Mixed-use commercial space combines loading access, refrigerated storage, offices, and open merchandising areas.

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    Recently Renovated Retail Office Building
    Recently Renovated Retail Office Building

    323 N. Grand Ave. and 8 West 4th Street, Spencer, IA 51301

    Contact for pricing

    Completely leased renovated historical building with three stable tenants and potential second-level residential conversion.

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    Mixed-Use Retail Building
    Mixed-Use Retail Building

    417 N Grand Ave, Spencer, IA 51301

    Contact for pricing

    Ground-level retail space is available with an unfinished upper floor and basement.

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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 5 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 3 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.

    Multi-Use Flex Space
    Multi-Use Flex Space

    110 BLAKE ST, Sioux Rapids, IA 50585

    $175,000
    0.30 AC lot

    The building accommodates retail, warehouse, storage, workshop, and other commercial functions within a broad interior layout.

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    Car Wash with Vacuum Stations
    Car Wash with Vacuum Stations

    3202 Main Street, Emmetsburg, IA 50536

    $625,000

    Brick-built facility offering both automatic and manual wash service, plus on-site vacuum equipment.

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    Mixed-Use Storefront With Apartments
    Mixed-Use Storefront With Apartments

    907 Broadway St, Emmetsburg, IA 50536

    Contact for pricing

    Main-floor retail space is paired with two upper-level apartments featuring separate private access.

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    Updated Mixed-Use Property
    Updated Mixed-Use Property

    113 Main Street, Sioux Rapids, IA 50585

    Contact for pricing

    Includes commercial space with a two-bedroom rental apartment on the upper level.

    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.

    Graded Commercial Land
    Graded Commercial Land

    P Avenue, Milford, IA 51351

    $695,000
    4.70 AC lot

    Graded commercial land with AC zoning and utilities available in the street.

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    Highway Frontage Commercial Land
    Highway Frontage Commercial Land

    1909 18Th Street, Spirit Lake, IA 51360

    $375,000
    0.69 AC lot

    Paved commercial parcel with direct highway access and an existing paved area suited to parking or product display.

    View details
    Commercial Lots in Graettinger, Iowa
    Commercial Lots in Graettinger, Iowa

    N Cedar Avenue, Graettinger, IA 51342

    $34,999

    Two bare lots, commercially zoned, potential for residential rezoning.

    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.

    715 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    715 Grand Ave, Spencer, IA 51301-5731

    $230,000
    Estimated value
    3,538 sqft 0.79 AC lot
    View details
    325 11th SW St
    RETAIL STORES (PERSONAL SERVICES)

    325 11th SW St, Spencer, IA 51301-5801

    $225,000
    Estimated value
    4,055 sqft 0.41 AC lot
    View details
    1014 11th SW Ave
    RETAIL STORES (PERSONAL SERVICES)

    1014 11th SW Ave, Spencer, IA 51301-6207

    $800,000
    Estimated value
    32,801 sqft 2.94 AC lot
    View details
    10 3rd St
    RETAIL STORES (PERSONAL SERVICES)

    10 3rd St, Spencer, IA 51301-4132

    $130,000
    Estimated value
    6,600 sqft 0.32 AC lot
    View details
    915 13th SW St
    RETAIL STORES (PERSONAL SERVICES)

    915 13th SW St, Spencer, IA 51301-5566

    $865,000
    Estimated value
    16,800 sqft 4.92 AC lot
    View details
    101 5th St
    RETAIL STORES (PERSONAL SERVICES)

    101 5th St, Spencer, IA 51301-5012

    $350,000
    Estimated value
    8,280 sqft 0.49 AC lot
    View details
    100 12th SW St
    LAUNDROMAT (SELF-SERVICE)

    100 12th SW St, Spencer, IA 51301-5845

    $1,095,000
    Estimated value
    544 sqft 2.44 AC lot
    View details
    416 Grand Ave
    BAKERY

    416 Grand Ave, Spencer, IA 51301-4037

    $220,000
    Estimated value
    4,250 sqft 0.08 AC lot
    View details
    417 Grand Ave
    BARBER, HAIR SALON

    417 Grand Ave, Spencer, IA 51301-4026

    $145,000
    Estimated value
    5,000 sqft 0.08 AC lot
    View details
    829 Grand Ave
    RESTAURANT

    829 Grand Ave, Spencer, IA 51301-5733

    $310,000
    Estimated value
    2,782 sqft 0.55 AC lot
    View details
    704 Grand Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    704 Grand Ave, Spencer, IA 51301-5730

    $595,000
    Estimated value
    2,432 sqft 0.67 AC lot
    View details
    317 11th SW St
    RETAIL STORES (PERSONAL SERVICES)

    317 11th SW St, Spencer, IA 51301-5801

    $220,000
    Estimated value
    12,168 sqft 0.65 AC lot
    View details
    510 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    510 Grand Ave, Spencer, IA 51301

    $115,000
    Estimated value
    5,538 sqft 0.13 AC lot
    View details
    422 1st E Ave
    RETAIL STORES (PERSONAL SERVICES)

    422 1st E Ave, Spencer, IA 51301-4001

    $215,000
    Estimated value
    8,200 sqft 0.19 AC lot
    View details
    331 11th SW St
    BAR, TAVERN

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

    $205,000
    Estimated value
    3,304 sqft 0.28 AC lot
    View details
    416 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    416 Grand Ave, Spencer, IA 51301-5319

    $260,000
    Estimated value
    9,649 sqft 0.35 AC lot
    View details
    706 11th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $1,370,000
    Estimated value
    2,857 sqft 0.72 AC lot
    View details
    4318 Hwy Blvd
    CONVENIENCE STORE

    4318 Hwy Blvd, Spencer, IA 51301-2159

    $1,490,000
    Estimated value
    2,517 sqft 2.51 AC lot
    View details
    1400 12th SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $240,000
    Estimated value
    1,461 sqft 0.75 AC lot
    View details

    Spencer, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Spencer, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $998,400.

    Sale prices for stores in Spencer, IA start at $199,000, averaging $332,800, and reaching up to $429,500 — 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

    Storefront properties 1

    Demographics Overview

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

    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
    51301 $332.8K

    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

    Total CRE Inventory on Market (SF)

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