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Spencer, IN

Retail

Spencer, IN Retail Properties & Spaces for Sale

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Freedom, IN Gosport, IN Ellettsville, IN Solsberry, IN Bloomington, IN Bloomfield, IN Quincy, IN Coal City, IN

Mixed-Use Building with Apartments

Updated: Mar 24

Mixed-Use Building with Apartments

69 S Main Street, Spencer, IN 47460

$339,900

0.07 AC lot

3,024 SF commercial main level is currently rented
Two rented apartments occupy the second and third stories
Separate residential entry with a wide stairwell
Front picture window and glass door serve the commercial space
Rear double doors support delivery of materials or equipment

Historic General Store

Updated: Sep 9

Historic General Store

2799 Cataract Road, Spencer, IN 47460

$190,000

Constructed in 1853
C01 zoning
Established general‑store use
Retail offerings include soda, candy, antiques, and unique merchandise
Located at 2799 Cataract Road, Spencer, IN 47460

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Storefront Retail Building with Office

Storefront Retail Building with Office

3001 N Smith Pike, Bloomington, IN 47404

$469,000

1,800 sqft

Flexible commercial building with showroom, office, kitchen, storage, licenses, and CD zoning for multiple business uses.

Two-Level Mixed-Use Property

Two-Level Mixed-Use Property

147 Main Street, Gosport, IN 47433

$189,900

2,400 sqft

Flexible two-level layout combines adaptable main-floor space with private living areas above.

Grocery and Convenience Store Building

Grocery and Convenience Store Building

3001 N Smith Pike, Bloomington, IN 47404

$469,000

0.57 AC lot

Flexible commercial layout includes showroom, office, kitchen, storage, and on-site parking.

Flexible Retail Space

Flexible Retail Space

141 E Main St, Gosport, IN 47460

$98,000

1,100 sqft

Currently configured as a hair salon with private offices, storage, restroom, and laundry/mechanical areas.

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 with Signal Access

Commercial Land with Signal Access

3389 N Finance Road, Bloomington, IN 47404

$299,000

1.47 AC lot

GB-zoned commercial parcel with on-site sewer and an entry aligned with Arlington Road for stoplight access.

Commercial Land with Pole Barn

Commercial Land with Pole Barn

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000

4.89 AC lot

Commercially zoned corner property with highway access, multiple structures, and natural gas availability.

Bloomington Commercial Land For Sale

Bloomington Commercial Land For Sale

72 N Oard Road, Bloomington, IN 47404

$350,000

1.57 AC lot

1.57 acre commercial land parcel in Bloomington, Indiana.

Land with Multiple Zoning Designations

Land with Multiple Zoning Designations

N State Road 37, Bloomington, IN 47404

$500,000

40.41 AC lot

A large tract with Residential 1, Agricultural Residential 2.5, and General Business zoning across different portions.

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)

10 Main St, Spencer, IN 47460-1312

Estimated value:

$245,000

1,400 sqft 0.17 AC lot

709 Walnut St

PARKING GARAGE, PARKING STRUCTURE

709 Walnut St, Spencer, IN 47460

Estimated value:

$250,000

0.34 AC lot

25 Height St

AUTO REPAIR, GARAGE

25 Height St, Spencer, IN 47460-1107

Estimated value:

$190,000

1,920 sqft 0.06 AC lot

46 Wayne St

RETAIL STORES (PERSONAL SERVICES)

46 Wayne St, Spencer, IN 47460

Estimated value:

$155,000

396 sqft 0.20 AC lot

State Hwy 43

SHOW ROOM, WAREHOUSE

State Hwy 43, Spencer, IN 47460

Estimated value:

$255,000

2.71 AC lot

59 Main St

RETAIL STORES (PERSONAL SERVICES)

59 Main St, Spencer, IN 47460-1729

Estimated value:

$260,000

4,142 sqft 0.06 AC lot

404 Morgan St

RESTAURANT

404 Morgan St, Spencer, IN 47460-1542

Estimated value:

$250,000

2,088 sqft 0.48 AC lot

719 Vandalia Ave

CONVENIENCE STORE

719 Vandalia Ave, Spencer, IN 47460

Estimated value:

$280,000

1,938 sqft 0.58 AC lot

46 Market St

RETAIL STORES (PERSONAL SERVICES)

46 Market St, Spencer, IN 47460-1734

Estimated value:

$125,000

6,507 sqft 0.24 AC lot

615 State Hwy 46

RETAIL STORES (PERSONAL SERVICES)

615 State Hwy 46, Spencer, IN 47460-9008

Estimated value:

$175,000

700 sqft 0.35 AC lot

371 State Hwy 46

RETAIL STORES (PERSONAL SERVICES)

371 State Hwy 46, Spencer, IN 47460-6445

Estimated value:

$260,000

7,056 sqft 0.66 AC lot

148 Jefferson St

RETAIL STORES (PERSONAL SERVICES)

148 Jefferson St, Spencer, IN 47460-1615

Estimated value:

$200,000

2,672 sqft 0.14 AC lot

2434 Us Hwy 231

RESTAURANT

2434 Us Hwy 231, Spencer, IN 47460-6652

Estimated value:

$255,000

4,404 sqft 10.11 AC lot

38 Market St

AUTO REPAIR, GARAGE

38 Market St, Spencer, IN 47460-1736

Estimated value:

$195,000

1,800 sqft 0.04 AC lot

24 Main St

RETAIL STORES (PERSONAL SERVICES)

24 Main St, Spencer, IN 47460-1312

Estimated value:

$160,000

440 sqft 0.02 AC lot

7061 Addie Rd

RETAIL STORES (PERSONAL SERVICES)

7061 Addie Rd, Spencer, IN 47460-6001

Estimated value:

$95,000

864 sqft 1.22 AC lot

405 Franklin St

RESTAURANT

405 Franklin St, Spencer, IN 47460-1823

Estimated value:

$255,000

4,077 sqft 0.33 AC lot

501 Fletcher Ave

AUTO REPAIR, GARAGE

501 Fletcher Ave, Spencer, IN 47460-1010

Estimated value:

$245,000

1,784 sqft 0.13 AC lot

252 Morgan St

RETAIL STORES (PERSONAL SERVICES)

252 Morgan St, Spencer, IN 47460-1218

Estimated value:

$260,000

2,288 sqft 0.19 AC lot

3399 State Hwy 46

VEHICLE SALES, RENTALS

3399 State Hwy 46, Spencer, IN 47460-6455

Estimated value:

$255,000

0.74 AC lot

3401 State Hwy 46

WHOLESALE OUTLET, DISCOUNT STORE

3401 State Hwy 46, Spencer, IN 47460-6816

Estimated value:

$405,000

10,640 sqft 1.97 AC lot

4149 State Hwy 43

AUTO REPAIR, GARAGE

4149 State Hwy 43, Spencer, IN 47460-5927

Estimated value:

$245,000

6,720 sqft 14.64 AC lot

Spencer, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Spencer, IN on our real estate platform.

Sale prices for stores in Spencer, IN start at $190,000, averaging $264,950, 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

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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