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Spencer, IA

Retail

Spencer, IA Retail Space for Sale

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Dickens, IA Ruthven, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Graettinger, IA Okoboji, IA Hartley, 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

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

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.

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 76 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

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flex Space with Showroom

Flex Space with Showroom

1100 N State Street, Fairmont, MN 56031

$599,900

0.93 AC lot

Two buildings provide customer-facing showroom and office areas alongside heated, air-conditioned service and storage space.

Former Grocery Store Building

Former Grocery Store Building

1101 Main St, Manson, IA 50563

$75,000

6,290 sqft

Existing commercial space offers a redevelopment opportunity with purchase or lease options.

High-Visibility Commercial Property on Highway

High-Visibility Commercial Property on Highway

2237 N State Street, Fairmont, MN 56031

Contact for pricing

2 sqft

1.3-acre commercial property with highway frontage in Fairmont, MN.

Former Grocery Store Building

Former Grocery Store Building

1101 Main Street, Manson, IA 50563

$75,000

0.45 AC lot

Commercial-zoned building requiring updates for redevelopment.

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

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

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

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

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

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

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

510 Grand Ave

RETAIL STORES (PERSONAL SERVICES)

510 Grand Ave, Spencer, IA 51301

Estimated value:

$115,000

5,538 sqft 0.13 AC lot

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

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

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

421 Grand Ave

RETAIL STORES (PERSONAL SERVICES)

421 Grand Ave, Spencer, IA 51301-4026

Estimated value:

$220,000

6,050 sqft 0.08 AC lot

4016 Hwy Blvd

RETAIL STORES (PERSONAL SERVICES)

4016 Hwy Blvd, Spencer, IA 51301-2157

Estimated value:

$225,000

4,744 sqft 1.45 AC lot

8 5th St

RETAIL STORES (PERSONAL SERVICES)

8 5th St, Spencer, IA 51301-3904

Estimated value:

$70,000

1,525 sqft 0.03 AC lot

2350 Hwy 18

RETAIL STORES (PERSONAL SERVICES)

2350 Hwy 18, Spencer, IA 51301-7466

Estimated value:

$100,000

2,268 sqft 3.40 AC lot

603 Grand Ave

RETAIL STORES (PERSONAL SERVICES)

603 Grand Ave, Spencer, IA 51301-5350

Estimated value:

$495,000

6,000 sqft 0.26 AC lot

403 11th SE St

RETAIL STORES (PERSONAL SERVICES)

403 11th SE St, Spencer, IA 51301-6044

Estimated value:

$225,000

4,800 sqft 1.02 AC lot

525 Grand Ave

RETAIL STORES (PERSONAL SERVICES)

525 Grand Ave, Spencer, IA 51301-3913

Estimated value:

$210,000

4,575 sqft 0.08 AC lot

2223 Hwy Blvd

RETAIL STORES (PERSONAL SERVICES)

2223 Hwy Blvd, Spencer, IA 51301-2109

Estimated value:

$420,000

10,130 sqft 6.16 AC lot

305 Grand Ave

RETAIL STORES (PERSONAL SERVICES)

305 Grand Ave, Spencer, IA 51301-4142

Estimated value:

$75,000

4,680 sqft 0.06 AC lot

207 10th SW St

RETAIL STORES (PERSONAL SERVICES)

207 10th SW St, Spencer, IA 51301-5626

Estimated value:

$225,000

3,960 sqft 0.23 AC lot

Spencer, IA Retail Space Market Trends and Statistics

Explore 72 retail space 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 retail space 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)

How Realmo verifies these figures

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