Retail

Spencer, IA Retail Properties & Spaces for Sale

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Dickens, IA Ruthven, IA Milford, IA West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Graettinger, 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
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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
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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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 3 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Two-Bay Auto Shop
Two-Bay Auto Shop

312 Highway 10, Laurens, IA 50554

$69,000
0.07 AC lot

Tools, machinery, and inventory are included with the equipped service space.

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Leased Drug Store Building
Leased Drug Store Building

109/113 N 3RD ST, Laurens, IA 50554

$52,900
0.15 AC lot

An existing tenant occupies this commercial property in Laurens.

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Storefront Building with New Windows
Storefront Building with New Windows

132 N Main St, Paullina, IA 51046

$52,000

Main Street storefront with shelving and air-conditioning equipment included in the sale.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

113 N Main St., Paullina, IA 51046

$165,000
0.08 AC lot

Street-level commercial space is paired with an upper-floor apartment and substantial lower-level storage.

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.

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Two-Lot Commercial Land
Two-Lot Commercial Land

N Cedar Avenue, Graettinger, IA 51342

$34,999

Two undeveloped parcels offer commercial zoning, with utilities positioned along the adjacent street.

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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

Estimated value:
$230,000
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

Estimated value:
$225,000
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

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

10 3rd St, Spencer, IA 51301-4132

Estimated value:
$130,000
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

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

101 5th St, Spencer, IA 51301-5012

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

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

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

416 Grand Ave, Spencer, IA 51301-4037

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

417 Grand Ave, Spencer, IA 51301-4026

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

829 Grand Ave, Spencer, IA 51301-5733

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

704 Grand Ave, Spencer, IA 51301-5730

Estimated value:
$595,000
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

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

510 Grand Ave, Spencer, IA 51301

Estimated value:
$115,000
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

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

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

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

416 Grand Ave, Spencer, IA 51301-5319

Estimated value:
$260,000
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

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

4318 Hwy Blvd, Spencer, IA 51301-2159

Estimated value:
$1,490,000
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

Estimated value:
$240,000
1,461 sqft 0.75 AC lot
View details
411 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

411 Grand Ave, Spencer, IA 51301-4026

Estimated value:
$235,000
3,250 sqft 0.08 AC lot
View details
202 11th St Sw Plz
RESTAURANT

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

Estimated value:
$425,000
5,438 sqft 0.90 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 3 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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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%

Total CRE Inventory on Market (SF)

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