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    Spencer, IA
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    Spencer, IA Retail Space for Sale

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    Dickens, IA Fostoria, IA Everly, IA Rossie, IA Ruthven, IA Milford, IA Terril, IA West Okoboji, 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
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    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
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    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.

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

    323 N. Grand Ave. and 8 West 4th Street, Spencer, IA 51301

    Contact for pricing

    Completely leased renovated historical building with three stable tenants and potential second-level residential conversion.

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    Mixed-Use Retail Building
    Mixed-Use Retail Building

    417 N Grand Ave, Spencer, IA 51301

    Contact for pricing

    Ground-level retail space is available with an unfinished upper floor and basement.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Flexible Flex Space with Drive-In Doors
    Flexible Flex Space with Drive-In Doors

    1450 N 2nd St, Cherokee, IA 51012

    Contact for pricing

    Adaptable commercial building combining climate-controlled showroom space, offices, service areas, and heated warehouse capacity.

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    Greenhouse and Garden Center
    Greenhouse and Garden Center

    145 S Washington, Remsen, IA 51050

    Contact for pricing

    Garden center with retail sales space, greenhouse improvements, plant cooling, and dedicated unloading access.

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    Single-Tenant Retail Store with NN Lease
    Single-Tenant Retail Store with NN Lease

    1610 N 2nd St, Cherokee, IA 51012

    Contact for pricing

    Dollar Tree operates under a corporate-guaranteed 10-year NN lease with remaining term and scheduled rent increases.

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    Restored Brick Storefront
    Restored Brick Storefront

    260-262 S Washington Street, Remsen, IA 51050

    Contact for pricing
    0.12 AC lot

    Corner-lot commercial space with flexible division, replacement glazing, and new entry doors for a customized business buildout.

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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

    $230,000
    Estimated value
    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

    $225,000
    Estimated value
    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

    $130,000
    Estimated value
    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

    $350,000
    Estimated value
    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

    $220,000
    Estimated value
    12,168 sqft 0.65 AC lot
    View details
    510 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    510 Grand Ave, Spencer, IA 51301

    $115,000
    Estimated value
    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

    $215,000
    Estimated value
    8,200 sqft 0.19 AC lot
    View details
    416 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    416 Grand Ave, Spencer, IA 51301-5319

    $260,000
    Estimated value
    9,649 sqft 0.35 AC lot
    View details
    411 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    411 Grand Ave, Spencer, IA 51301-4026

    $235,000
    Estimated value
    3,250 sqft 0.08 AC lot
    View details
    421 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    421 Grand Ave, Spencer, IA 51301-4026

    $220,000
    Estimated value
    6,050 sqft 0.08 AC lot
    View details
    4016 Hwy Blvd
    RETAIL STORES (PERSONAL SERVICES)

    4016 Hwy Blvd, Spencer, IA 51301-2157

    $225,000
    Estimated value
    4,744 sqft 1.45 AC lot
    View details
    8 5th St
    RETAIL STORES (PERSONAL SERVICES)

    8 5th St, Spencer, IA 51301-3904

    $70,000
    Estimated value
    1,525 sqft 0.03 AC lot
    View details
    2350 Hwy 18
    RETAIL STORES (PERSONAL SERVICES)

    2350 Hwy 18, Spencer, IA 51301-7466

    $100,000
    Estimated value
    2,268 sqft 3.40 AC lot
    View details
    603 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    603 Grand Ave, Spencer, IA 51301-5350

    $495,000
    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

    $225,000
    Estimated value
    4,800 sqft 1.02 AC lot
    View details
    525 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    525 Grand Ave, Spencer, IA 51301-3913

    $210,000
    Estimated value
    4,575 sqft 0.08 AC lot
    View details
    2223 Hwy Blvd
    RETAIL STORES (PERSONAL SERVICES)

    2223 Hwy Blvd, Spencer, IA 51301-2109

    $420,000
    Estimated value
    10,130 sqft 6.16 AC lot
    View details

    Spencer, IA Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Spencer, IA, showcased through 5 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 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 $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%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

    Total CRE Inventory on Market (SF)

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