704 S Grand Avenue Spencer, IA ^$ 3,400

704 S Grand Avenue

^$ 3,400

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Recently Listed

704 S Grand Avenue

Spencer, IA, 51301

^$ 3,400

Bedrooms-- Baths--

Monthly Estimate*

^$ 21

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Commercial Property for sale in Spencer, IA

for $3,400. This building was built in 1973 on a lot size of 0.67.

For Lease former Hardees restaurant. Property offers 2626 sq ft, 21,000 sq ft of off-street parking. Equipment and fixtures to remain with the property if new tenant wants them. Located on Hwy 18 & 71 on corner lot with three-sided access. Average daily car count is 7500. Rent is $3400 per month triple net.

Commercial Active

Price

^$ 3,400

Property Type

Commercial

Taxes

^$ 16,352

Style

Commercial

Lot Size

0.67

Year Built

1973

Town/City

Spencer

County/Region

Clay

MLS | Web ID

260068

Features

General

Sewer Public Sewer

Construction Concrete Block Frame/Wood

Heating Forced Air

Cooling Central

Roof Rubber

current use Food & Beverage

Flood Zone Unknown

Class COMMERCIAL

Assessments Unknown

Type Commercial

Yearly Taxes 16352

Tax Year 2024

Fuel Electric Natural Gas

Status Active

Subdivision IA

Sale/Rent For Rent

Status Detail 0

Construction Materials Other

Primary City Spencer

Year Built 1973

City Spencer

DOM 5

Secondary City Clay County

Postal Code 51301

Potential Short Sale No

Public Remarks For Lease former Hardees restaurant. Property offers 2626 sq ft 21 000 sq ft of off-street parking. Equipment and fixtures to remain with the property if new tenant wants them. Located on Hwy 18 & 71

Exterior

Waterfront 0

Lot Size Source Assessor

Water Source Public/City

Parking Features Other

* Excluded Features

List By

Mark Hallett

Listing Agent

Realty Professionals

Broker

(712) 363-0145

Phone

mhrepros@gmail.com

Affordability Calculator

$1,384

Per Month

Monthly Principal & Interest: $21
Monthly Property Taxes: $1,363
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$282,596

Percent of Sale Price 8,212%

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
3/1/2026	$3,400		Listed Price

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704 S Grand Avenue, Spencer, IA, 51301 is a Commercial Property for sale at $3,400 with a lot size of 0.67. 704 S Grand Avenue was built in 1973. 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 6.25% 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 3/2/2026.

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704 S Grand Avenue

Commercial Property for sale in Spencer, IA

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