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

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    Fostoria, IA Everly, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Ruthven, IA Peterson, IA Graettinger, IA
    Former Truck Shop with Extras
    Updated: Aug 28, 2025
    Former Truck Shop with Extras

    906 E Milwaukee St, Spencer, IA 51301

    $350,000
    9,800 sqft 0.79 AC lot
    Large 60x180 insulated and heated building (approx. 9000 sq ft shop + 800 sq ft office)
    Includes valuable equipment: Two Hotsy pressure washers, acid wash system, fire hose system (350 psi), complete office equipment, 5‑line phone system, computer system
    Multiple large garage doors (12'-20' high) with remotes
    Complete office area with equipment, 3 bathrooms, washer/dryers, and shower
    New heater and new water heater
    View details
    Mixed-Use Commercial Building
    Updated: Aug 5, 2025
    Mixed-Use Commercial Building

    2 N Grand Ave, Spencer, IA 51301

    $399,000
    Mixed‑use commercial property with office/retail and warehouse space
    4200 SF office/retail plus 2000 SF warehouse
    Detached 28 ft x 32 ft garage and 7200 SF off‑street private concrete parking
    1/2‑acre lot with Grand Avenue frontage
    Public utilities: public water and public sewer
    View details
    Anchored Retail Center For Sale
    Anchored Retail Center For Sale

    700 11th St SW, Spencer, IA 51301

    $5,336,500
    42,756 sqft

    Retail center with national tenants and minimal landlord responsibilities.

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    Restaurant with Playground and Office
    Restaurant with Playground and Office

    202 11th St SW, Spencer, IA

    $799,000
    5,438 sqft 0.90 AC lot

    5,438 SF property featuring restaurant, playground, and office spaces.

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    Prime Retail Location Available
    Prime Retail Location Available

    1015 S Grand Avenue, Spencer, IA 51301

    Contact for pricing
    1,250 sqft 0.64 AC lot

    Retail space in high-traffic area near US HWY 18/71.

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    Based on your search, we've compiled 80 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 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.

    Automotive Service and Retail Facility
    Automotive Service and Retail Facility

    1510 E 4TH E 4TH, Storm Lake, IA 50588

    $965,000
    2.78 AC lot

    Includes wash bay, multiple mechanics bays, retail space, heated work areas, and a cold storage building.

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    Downtown Retail Building with Studios
    Downtown Retail Building with Studios

    522 LAKE AVE, Storm Lake, IA 50588

    $169,000
    0.06 AC lot

    Multi-level commercial building with large storefront windows, dressing rooms, and a separate upstairs entrance.

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    Restaurant-Ready Drive-Through Building
    Restaurant-Ready Drive-Through Building

    3307 Hwy 71, Spirit Lake, IA 51360

    $875,000

    Landmark building on Highway 71 with drive-through capability, cleared interior, and an adaptable layout for restaurant concepts.

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    NNN Furniture Retail Investment
    NNN Furniture Retail Investment

    2502 17th Street, Spirit Lake, IA 51360

    $3,911,000

    Fee-simple NNN leased furniture retail property with a long-term tenant lease through June 2031.

    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 Parcel
    Graded Commercial Land Parcel

    P Avenue, Milford, IA 51351

    $695,000
    4.70 AC lot

    A graded commercial parcel with arterial commercial zoning and utilities available in the street for straightforward site development.

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    Highway Frontage Commercial Lot
    Highway Frontage Commercial Lot

    1909 18Th Street, Spirit Lake, IA 51360

    $375,000
    0.69 AC lot

    High-visibility commercial lot on heavily traveled highway.

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    Commercial Lots in Graettinger, Iowa
    Commercial Lots in Graettinger, Iowa

    N Cedar Avenue, Graettinger, IA 51342

    $34,999
    0.79 AC lot

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

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    Multi-Building Flex and Warehouse Property
    Multi-Building Flex and Warehouse Property

    1703 E Lakeshore Drive, Storm Lake, IA 50588

    $599,000

    Four-plus acre C-Commercial site with multiple warehouse and office-ready buildings for businesses needing storage and frontage exposure.

    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    4,250 sqft 0.08 AC lot
    View details
    417 Grand Ave
    BARBER, HAIR SALON

    417 Grand Ave, Spencer, IA 51301-4026

    Value Estimation by Request
    5,000 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
    317 11th SW St
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    12,168 sqft 0.65 AC lot
    View details
    510 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    510 Grand Ave, Spencer, IA 51301

    Value Estimation by Request
    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

    Value Estimation by Request
    8,200 sqft 0.19 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
    416 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    416 Grand Ave, Spencer, IA 51301-5319

    Value Estimation by Request
    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

    $1,390,000
    Estimated value
    2,857 sqft 0.72 AC lot
    View details
    4318 Hwy Blvd
    CONVENIENCE STORE

    4318 Hwy Blvd, Spencer, IA 51301-2159

    $1,625,000
    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

    Value Estimation by Request
    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 57,994 square feet of properties for sale, with an estimated market value of $6,485,500.

    Sale prices for stores in Spencer, IA start at $350,000, averaging $2,161,833, and reaching up to $5,336,500 — 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

    Auto shops 1
    Automotive properties 1
    Shopping centers 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 $1.1M

    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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