Retail

Spencer, IA Retail Space for Sale

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Fostoria, IA Everly, IA Milford, IA Spirit Lake, IA Arnolds Park, IA Ruthven, IA Peterson, IA Graettinger, IA
Mixed-Use Commercial Building
Updated: Aug 5, 2025
Mixed-Use Commercial Building

2 N Grand Ave, Spencer, IA 51301

$399,000
Mixed‑use commercial property with office/retail and warehouse space
4200 SF office/retail plus 2000 SF warehouse
Detached 28 ft x 32 ft garage and 7200 SF off‑street private concrete parking
1/2‑acre lot with Grand Avenue frontage
Public utilities: public water and public sewer
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Prime Retail Location Available
Updated: Aug 5, 2024
Prime Retail Location Available

1015 S Grand Avenue, Spencer, IA 51301

Contact for pricing
1,250 sqft 0.64 AC lot
Prime location at the high‑traffic intersection of US HWY 18 and 71.
Approximately 1250 sq ft of leasable space available.
Remodel near completion, allowing for customization of flooring and other items.
Owner pays taxes, insurance, and utilities.
Located in Spencer, Iowa.
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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 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 Strip Plaza with Available Suites
Retail Strip Plaza with Available Suites

1914 E Hwy 18, Algona, IA 50511

$895,000

A maintained retail plaza with eight leased spaces and three additional suites available for leasing in Algona, IA.

View details
Renovated Historic Mixed-Use Building
Renovated Historic Mixed-Use Building

Le Mars, IA 51031

$599,000
0.09 AC lot

Fully renovated historic building with retail-ready character and two apartments, supported by stated monthly rental income.

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Two-Story Retail Building
Two-Story Retail Building

Le Mars, IA 51031

$125,000
0.05 AC lot

Two-story commercial building with an income-producing leased main floor and an unfinished basement.

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Freestanding Retail Building with Drive-Thru
Freestanding Retail Building with Drive-Thru

1513 HWY 169 N, Algona, IA 50511

$399,900
2,861 sqft 0.75 AC lot

2,861 SF retail building with drive-thru on 0.75 acres.

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.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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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

Value Estimation by Request
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

Value Estimation by Request
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

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

10 3rd St, Spencer, IA 51301-4132

Value Estimation by Request
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

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

101 5th St, Spencer, IA 51301-5012

Value Estimation by Request
8,280 sqft 0.49 AC lot
View details
317 11th SW St
RETAIL STORES (PERSONAL SERVICES)

317 11th SW St, Spencer, IA 51301-5801

Value Estimation by Request
12,168 sqft 0.65 AC lot
View details
510 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

510 Grand Ave, Spencer, IA 51301

Value Estimation by Request
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

Value Estimation by Request
8,200 sqft 0.19 AC lot
View details
416 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

416 Grand Ave, Spencer, IA 51301-5319

Value Estimation by Request
9,649 sqft 0.35 AC lot
View details
411 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

411 Grand Ave, Spencer, IA 51301-4026

Value Estimation by Request
3,250 sqft 0.08 AC lot
View details
421 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

421 Grand Ave, Spencer, IA 51301-4026

Value Estimation by Request
6,050 sqft 0.08 AC lot
View details
4016 Hwy Blvd
RETAIL STORES (PERSONAL SERVICES)

4016 Hwy Blvd, Spencer, IA 51301-2157

Value Estimation by Request
4,744 sqft 1.45 AC lot
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8 5th St
RETAIL STORES (PERSONAL SERVICES)

8 5th St, Spencer, IA 51301-3904

Value Estimation by Request
1,525 sqft 0.03 AC lot
View details
2350 Hwy 18
RETAIL STORES (PERSONAL SERVICES)

2350 Hwy 18, Spencer, IA 51301-7466

Value Estimation by Request
2,268 sqft 3.40 AC lot
View details
603 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

603 Grand Ave, Spencer, IA 51301-5350

$580,000
Estimated value
6,000 sqft 0.26 AC lot
View details
403 11th SE St
RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request
4,800 sqft 1.02 AC lot
View details
525 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

525 Grand Ave, Spencer, IA 51301-3913

Value Estimation by Request
4,575 sqft 0.08 AC lot
View details
2223 Hwy Blvd
RETAIL STORES (PERSONAL SERVICES)

2223 Hwy Blvd, Spencer, IA 51301-2109

Value Estimation by Request
10,130 sqft 6.16 AC lot
View details
305 Grand Ave
RETAIL STORES (PERSONAL SERVICES)

305 Grand Ave, Spencer, IA 51301-4142

Value Estimation by Request
4,680 sqft 0.06 AC lot
View details
207 10th SW St
RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request
3,960 sqft 0.23 AC lot
View details
401 Grand Ave, Unit 5
RETAIL STORES (PERSONAL SERVICES)

401 Grand Ave, Spencer, IA 51301-5320

Unit 5
Value Estimation by Request
11,940 sqft 0.33 AC lot
View details

Spencer, IA Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 1,250 square feet of properties for sale, with an estimated market value of $400,100.

Sale prices for retail space in Spencer, IA start at $1,100, averaging $200,050, and reaching up to $399,000 — 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

Auto shops 1
Automotive properties 1
Shopping centers 1

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 $242.3K

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%

Listings Trend

New vs delisted commercial listings in Clay County

New Delisted

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