2 North Grand Ave Spencer, IA ^$ 399,000

2 North Grand Ave

^$ 399,000

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2 North Grand Ave

Spencer, IA, 51301

^$ 399,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,489

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Commercial Property for sale in Spencer, IA

for $399,000. This building was built in 1947 on a lot size of 0.5.

Mixed Use Commercial Property offers, Office, Retail, & Warehouse. Features 4200 sq ft of office / retail, 2000 sq ft of warehouse, a 28ft x 32ft detached garage & 7200 sq ft of off street private concrete parking all located on a 1/2-acre lot offering Grand Avenue frontage.

Commercial Active

Price

^$ 399,000

Property Type

Commercial

Taxes

^$ 7,340

Style

Mixed Use

Lot Size

0.5

Year Built

1947

Town/City

Spencer

County/Region

Clay

MLS | Web ID

251017

Features

General

Sewer Public Sewer

Construction Concrete Block Frame/Wood

Heating Forced Air

Cooling Central

Roof Tar/Gravel

current use Professional/Office Retail

Flood Zone Unknown

Class COMMERCIAL

Assessments Unknown

Type Mixed Use

Yearly Taxes 7340

Tax Year 2023

Fuel Electric Natural Gas

Status Active

Subdivision IA

Sale/Rent For Sale

Status Detail 0

Construction Materials Block Brick

Primary City Spencer

Year Built 1947

City Spencer

DOM 124

Secondary City Clay County

Postal Code 51301

Potential Short Sale No

Public Remarks Mixed Use Commercial Property offers Office Retail & Warehouse. Features 4200 sq ft of office / retail 2000 sq ft of warehouse a 28ft x 32ft detached garage & 7200 sq ft of off street private concret

Exterior

Waterfront 0

Lot Size Source Assessor

Water Source Public/City

Parking Features Detached Garage Driveway-Asphalt Driveway-Concrete

* Excluded Features

List By

Mark Hallett

Listing Agent

Realty Professionals

Broker

(712) 363-0145

Phone

mhrepros@gmail.com

Affordability Calculator

$3,101

Per Month

Monthly Principal & Interest: $2,489
Monthly Property Taxes: $612
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Spencer, IA

Average List Price ^$354,035

Percent of Sale Price 11%

About Spencer, IA

11,142 Population

-1% Since 2002

^$46,679 Median Income

41.57 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1883306 Elementary School

1883255 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/6/2025	$399,000		Listed Price

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2 North Grand Ave, Spencer, IA, 51301 is a Commercial Property for sale at $399,000 with a lot size of 0.5. 2 North Grand Ave was built in 1947. The property's zip code is 51301 which is in Spencer, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Great Lakes Board of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. Data is updated as of 12/11/2025.

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2 North Grand Ave

Commercial Property for sale in Spencer, IA

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