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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 Patricksburg, IN Quincy, IN

Mixed-Use Retail and Apartment Building

Updated: Mar 24

Mixed-Use Retail and Apartment Building

69 S Main Street, Spencer, IN 47460

$339,900

0.07 AC lot

Downtown Spencer commercial building on the west side of the Square
Main level offers 3,024 SF of commercial space currently rented
Second and third stories include apartments currently rented
Main‑level front has a picture window and glass door; rear has double doors for easy deliveries
Separate entrance on the south side for the two apartments, with wide stairwell access

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

Retail Building with Private Office

Retail Building with Private Office

3001 N Smith Pike, Bloomington, IN 47404

$469,000

0.57 AC lot

Well-maintained retail building includes an open showroom, private office with service area, and detached storage.

Absolute NNN Retail Property

Absolute NNN Retail Property

3700 3rd, Bloomington, IN 47404

Contact for pricing

3,186 sqft

Absolute NNN retail investment with 1.50% annual rental increases and proven operating history.

Restaurant and Storage Units For Sale

Restaurant and Storage Units For Sale

18 N Fourth St, Gosport, IN 47433

Contact for pricing

5,933 sqft

Restaurant with tap room and storage units for sale.

Live-Work Building with Rooftop Access

Live-Work Building with Rooftop Access

31 E Main St, Gosport, IN 47433

Contact for pricing

5,088 sqft

Two-level live-work property with downstairs commercial space and upstairs living quarters featuring direct rooftop access.

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

Commercial Land in Spencer, Indiana

2.861A W 46 Highway, Spencer, IN 47460

$499,900

2.86 AC lot

2.861-acre commercial land available in Spencer, Indiana.

Commercial Land with State Road Frontage

Commercial Land with State Road Frontage

4295 W State Road 46, Bloomington, IN 47404

$799,900

4.29 AC lot

Zoned Commercial C-2 and offers substantial State Road 46 frontage for retail, restaurant, or multifamily development.

Ready-to-Build Commercial Lot

Ready-to-Build Commercial Lot

3655 W State Road 46, Bloomington, IN 47404

$899,900

0.84 AC lot

Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

Commercial Land Ready for Building

Commercial Land Ready for Building

4125 W State Road 46, Bloomington, IN 47404

$899,900

1.22 AC lot

Clear, build-ready commercial lot with utilities available and visibility along State Road 46.

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

Value Estimation by Request

1,400 sqft 0.17 AC lot

709 Walnut St

PARKING GARAGE, PARKING STRUCTURE

709 Walnut St, Spencer, IN 47460

Value Estimation by Request

0.34 AC lot

25 Height St

AUTO REPAIR, GARAGE

25 Height St, Spencer, IN 47460-1107

Value Estimation by Request

1,920 sqft 0.06 AC lot

46 Wayne St

RETAIL STORES (PERSONAL SERVICES)

46 Wayne St, Spencer, IN 47460

Value Estimation by Request

396 sqft 0.20 AC lot

State Hwy 43

SHOW ROOM, WAREHOUSE

State Hwy 43, Spencer, IN 47460

Value Estimation by Request

2.71 AC lot

59 Main St

RETAIL STORES (PERSONAL SERVICES)

59 Main St, Spencer, IN 47460-1729

Value Estimation by Request

4,142 sqft 0.06 AC lot

404 Morgan St

RESTAURANT

404 Morgan St, Spencer, IN 47460-1542

Value Estimation by Request

2,088 sqft 0.48 AC lot

719 Vandalia Ave

CONVENIENCE STORE

719 Vandalia Ave, Spencer, IN 47460

Value Estimation by Request

1,938 sqft 0.58 AC lot

46 Market St

RETAIL STORES (PERSONAL SERVICES)

46 Market St, Spencer, IN 47460-1734

Value Estimation by Request

6,507 sqft 0.24 AC lot

615 State Hwy 46

RETAIL STORES (PERSONAL SERVICES)

615 State Hwy 46, Spencer, IN 47460-9008

Value Estimation by Request

700 sqft 0.35 AC lot

371 State Hwy 46

RETAIL STORES (PERSONAL SERVICES)

371 State Hwy 46, Spencer, IN 47460-6445

Value Estimation by Request

7,056 sqft 0.66 AC lot

148 Jefferson St

RETAIL STORES (PERSONAL SERVICES)

148 Jefferson St, Spencer, IN 47460-1615

Value Estimation by Request

2,672 sqft 0.14 AC lot

2434 Us Hwy 231

RESTAURANT

2434 Us Hwy 231, Spencer, IN 47460-6652

Value Estimation by Request

4,404 sqft 10.11 AC lot

38 Market St

AUTO REPAIR, GARAGE

38 Market St, Spencer, IN 47460-1736

Value Estimation by Request

1,800 sqft 0.04 AC lot

24 Main St

RETAIL STORES (PERSONAL SERVICES)

24 Main St, Spencer, IN 47460-1312

Value Estimation by Request

440 sqft 0.02 AC lot

7061 Addie Rd

RETAIL STORES (PERSONAL SERVICES)

7061 Addie Rd, Spencer, IN 47460-6001

Value Estimation by Request

864 sqft 1.22 AC lot

405 Franklin St

RESTAURANT

405 Franklin St, Spencer, IN 47460-1823

Value Estimation by Request

4,077 sqft 0.33 AC lot

501 Fletcher Ave

AUTO REPAIR, GARAGE

501 Fletcher Ave, Spencer, IN 47460-1010

Value Estimation by Request

1,784 sqft 0.13 AC lot

252 Morgan St

RETAIL STORES (PERSONAL SERVICES)

252 Morgan St, Spencer, IN 47460-1218

Value Estimation by Request

2,288 sqft 0.19 AC lot

3399 State Hwy 46

VEHICLE SALES, RENTALS

3399 State Hwy 46, Spencer, IN 47460-6455

Value Estimation by Request

0.74 AC lot

3401 State Hwy 46

WHOLESALE OUTLET, DISCOUNT STORE

3401 State Hwy 46, Spencer, IN 47460-6816

$955,000

Estimated value

10,640 sqft 1.97 AC lot

4149 State Hwy 43

AUTO REPAIR, GARAGE

4149 State Hwy 43, Spencer, IN 47460-5927

$585,000

Estimated value

6,720 sqft 14.64 AC lot

279 Morgan St

FINANCIAL BUILDING

279 Morgan St, Spencer, IN 47460-1427

Value Estimation by Request

6,032 sqft 0.39 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 average $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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