603 S Grand Avenue Spencer, IA $ 249,900
603 S Grand Avenue
$ 249,900
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603 S Grand Avenue

Spencer, IA, 51301
$ 249,900
Bedrooms-- Baths--

Monthly Estimate*

$ 1,559

603 S Grand Avenue, Spencer, IA 51301 - Image 1
603 S Grand Avenue, Spencer, IA 51301 - Image 2
603 S Grand Avenue, Spencer, IA 51301 - Image 3
603 S Grand Avenue, Spencer, IA 51301 - Image 4
603 S Grand Avenue, Spencer, IA 51301 - Image 5
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603 S Grand Avenue, Spencer, IA 51301 - Image 7

Commercial Property for sale in Spencer, IA

for $249,900. This building was built in 1957 on a lot size of 0.26.

Prime Multi-Use Space in the Heart of Spencer Take advantage of this high-traffic location ideal for retail, office, or mixed-use development. This versatile property offers the perfect opportunity to build to suit your business needs or parcel out for rental income to generate consistent monthly revenue. Key Highlights: Premier location with excellent visibility and access Flexible layout—ideal for a variety of commercial uses Great investment potential in a thriving business district Opportunity Awaits—whether you're expanding your business or looking for a smart income-generating asset, this property is ready to deliver success.

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Commercial Active

Price

$ 249,900

Property Type

Commercial

Taxes

$ 5,346

Style

Mixed Use

Lot Size

0.26

Year Built

1957

Town/City

Spencer

County/Region

Clay

MLS | Web ID

251192

Features
Interior
Interior Features Kitchen Area Restrooms
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General
Sewer Public Sewer
Construction Frame/Wood
Heating None
Cooling Central
Roof Flat
current use Vacant
Flood Zone Unknown
Class COMMERCIAL
Assessments Unknown
Type Mixed Use
Yearly Taxes 5346
Tax Year 2022
Fuel Other
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Construction Materials Other
Primary City Spencer
Year Built 1957
City Spencer
DOM 83
Secondary City Clay County
Postal Code 51301
Potential Short Sale Not Disclosed
Public Remarks Prime Multi-Use Space in the Heart of Spencer Take advantage of this high-traffic location ideal for retail office or mixed-use development. This versatile property offers the perfect opportunity to
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Exterior
Exterior Features Front Exposure High Traffic Location High Visibility
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Driveway-Asphalt Driveway-Shared
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* Excluded Features
List By
Nick Steffes

Listing Agent

Integrity Real Estate

Broker

(712) 339-0293

Phone

nick@integrityiowa.com

Email

Affordability Calculator

$2,005
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$446
Monthly 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
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$249,900 Listed Price

Map


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603 S Grand Avenue, Spencer, IA, 51301 is a Commercial Property for sale at $249,900 with a lot size of 0.26. 603 S Grand Avenue was built in 1957. The property's zip code is 51301 which is in Spencer, IA