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

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    Gosport, IN Freedom, IN Ellettsville, IN
    Downtown Spencer Commercial Property
    $339,900
    3,024 SF
    Downtown Spencer Commercial Property

    69 S Main Street, Spencer, IN 47460

    Commercial property with retail space and apartments in downtown Spencer.
    • Prime location on the west side of the Square in downtown Spencer.
    • 3024 sq ft of currently rented commercial space on the main level.
    • Two additional stories with currently rented apartments.
    • Separate entrance for apartments, distinct from the commercial space.
    • Building constructed with brick.
    Updated: Mar 24
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Multi-Revenue Entertainment Property on 2.82 Acres
    $1,500,000
    8,400 SF
    Multi-Revenue Entertainment Property on 2.82 Acres

    Fully renovated entertainment property with multiple revenue streams in Bloomington, Indiana.

    4747 W State Road 46, Bloomington, IN 47404

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    Historic Mixed-Use Bank Building
    $225,000
    0.04 Acres
    Historic Mixed-Use Bank Building

    Landmark building with rooftop patio and street-access basement studio, currently operating as a two-unit apartment.

    31 E Main Street, Gosport, IN 47433

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    Retail Building on State Road
    $775,000
    3,000 SF
    Retail Building on State Road

    Commercial/Retail building on 1.27 acres with high visibility.

    4235 W State Road 46, Bloomington, IN

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    Restaurant and Storage Units For Sale
    $495,000
    5,933 SF
    Restaurant and Storage Units For Sale

    Restaurant with tap room and storage units for sale.

    18 N Fourth St, Gosport, IN 47433

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    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.

    Commercial Land in Spencer, Indiana
    $499,900
    2.86 Acres
    Commercial Land in Spencer, Indiana

    2.861-acre commercial land available in Spencer, Indiana.

    2.861A W 46 Highway, Spencer, IN 47460

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    Bloomington Commercial Land For Sale
    $799,900
    4.29 Acres
    Bloomington Commercial Land For Sale

    4.294 acres of commercial land in Bloomington, Indiana.

    4295 W State Road 46, Bloomington, IN 47404

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    Bloomington Commercial Land For Sale
    $899,900
    0.84 Acres
    Bloomington Commercial Land For Sale

    Commercial lot in high-traffic area, ready for building.

    3655 W State Road 46, Bloomington, IN 47404

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    Bloomington Commercial Land For Sale
    $899,900
    1.22 Acres
    Bloomington Commercial Land For Sale

    Commercial lot in high-traffic area, ready for building.

    4125 W State Road 46, Bloomington, IN 47404

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    Off-Market Properties in Spencer, IN

    Consider similar Off-Market properties in Spencer, IN. 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.

    10 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,400 SF Lot: 0.17 Acres
    Value Estimation by Request

    10 Main St, Spencer, IN 47460-1312

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    709 Walnut St
    PARKING GARAGE, PARKING STRUCTURE
    Lot: 0.34 Acres
    Value Estimation by Request

    709 Walnut St, Spencer, IN 47460

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    25 Height St
    AUTO REPAIR, GARAGE
    1,920 SF Lot: 0.06 Acres
    Value Estimation by Request

    25 Height St, Spencer, IN 47460-1107

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    46 Wayne St
    RETAIL STORES (PERSONAL SERVICES)
    396 SF Lot: 0.20 Acres
    Value Estimation by Request

    46 Wayne St, Spencer, IN 47460

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    State Hwy 43
    SHOW ROOM, WAREHOUSE
    Lot: 2.71 Acres
    Value Estimation by Request

    State Hwy 43, Spencer, IN 47460

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    59 Main St
    RETAIL STORES (PERSONAL SERVICES)
    4,142 SF Lot: 0.06 Acres
    Value Estimation by Request

    59 Main St, Spencer, IN 47460-1729

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    404 Morgan St
    RESTAURANT
    2,088 SF Lot: 0.48 Acres
    Value Estimation by Request

    404 Morgan St, Spencer, IN 47460-1542

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    719 Vandalia Ave
    CONVENIENCE STORE
    1,938 SF Lot: 0.58 Acres
    Value Estimation by Request

    719 Vandalia Ave, Spencer, IN 47460

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    46 Market St
    RETAIL STORES (PERSONAL SERVICES)
    6,507 SF Lot: 0.24 Acres
    Value Estimation by Request

    46 Market St, Spencer, IN 47460-1734

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    615 State Hwy 46
    RETAIL STORES (PERSONAL SERVICES)
    700 SF Lot: 0.35 Acres
    Value Estimation by Request

    615 State Hwy 46, Spencer, IN 47460-9008

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    371 State Hwy 46
    RETAIL STORES (PERSONAL SERVICES)
    7,056 SF Lot: 0.66 Acres
    Value Estimation by Request

    371 State Hwy 46, Spencer, IN 47460-6445

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    148 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    2,672 SF Lot: 0.14 Acres
    Value Estimation by Request

    148 Jefferson St, Spencer, IN 47460-1615

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    2434 Us Hwy 231
    RESTAURANT
    4,404 SF Lot: 10.11 Acres
    Value Estimation by Request

    2434 Us Hwy 231, Spencer, IN 47460-6652

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    38 Market St
    AUTO REPAIR, GARAGE
    1,800 SF Lot: 0.04 Acres
    Value Estimation by Request

    38 Market St, Spencer, IN 47460-1736

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    24 Main St
    RETAIL STORES (PERSONAL SERVICES)
    440 SF Lot: 0.02 Acres
    Value Estimation by Request

    24 Main St, Spencer, IN 47460-1312

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    7061 Addie Rd
    RETAIL STORES (PERSONAL SERVICES)
    864 SF Lot: 1.22 Acres
    Value Estimation by Request

    7061 Addie Rd, Spencer, IN 47460-6001

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    405 Franklin St
    RESTAURANT
    4,077 SF Lot: 0.33 Acres
    Value Estimation by Request

    405 Franklin St, Spencer, IN 47460-1823

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    501 Fletcher Ave
    AUTO REPAIR, GARAGE
    1,784 SF Lot: 0.13 Acres
    Value Estimation by Request

    501 Fletcher Ave, Spencer, IN 47460-1010

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    252 Morgan St
    RETAIL STORES (PERSONAL SERVICES)
    2,288 SF Lot: 0.19 Acres
    Value Estimation by Request

    252 Morgan St, Spencer, IN 47460-1218

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    3399 State Hwy 46
    VEHICLE SALES, RENTALS
    Lot: 0.74 Acres
    Value Estimation by Request

    3399 State Hwy 46, Spencer, IN 47460-6455

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    3401 State Hwy 46
    WHOLESALE OUTLET, DISCOUNT STORE
    10,640 SF Lot: 1.97 Acres
    Estimated value
    $955,000

    3401 State Hwy 46, Spencer, IN 47460-6816

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    4149 State Hwy 43
    AUTO REPAIR, GARAGE
    6,720 SF Lot: 14.64 Acres
    Estimated value
    $585,000

    4149 State Hwy 43, Spencer, IN 47460-5927

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    279 Morgan St
    FINANCIAL BUILDING
    6,032 SF Lot: 0.39 Acres
    Value Estimation by Request

    279 Morgan St, Spencer, IN 47460-1427

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    Spencer, IN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 3,024 square feet of properties for sale, with an estimated market value of $339,900.

    Sale prices for stores in Spencer, IN start at $339,900, averaging $339,900, and reaching up to $339,900 — 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 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 average listing prices of real estate assets

    Neighborhood Average Price
    47460 $339.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $34.39 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Owen County

    New Delisted

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