519 N Grand Avenue Spencer, IA $ 329,900
519 N Grand Avenue
$ 329,900
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519 N Grand Avenue

Spencer, IA, 51301
$ 329,900
Bedrooms-- Baths--

Monthly Estimate*

$ 2,031

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Commercial Property for sale in Spencer, IA

for $329,900. This building was built in 1948 on a lot size of 0.08.

Established Retail Space on High-Traffic Grand Avenue in Spencer – Now Available for Purchase! Take advantage of this rare opportunity to own an established retail property in a prime location on busy Grand Avenue in Spencer. With excellent visibility, strong daily traffic counts, and a proven commercial presence, this property is ideal for entrepreneurs, investors, or business owners looking to expand. Highlights include: *Prime high-traffic commercial location *Established retail space with excellent exposure *Strong potential for owner-occupants or investors *Convenient access and ample customer visibility *Limited opportunity in a sought-after business corridor *Two apartments with established tenants providing steady rental income With built-in rental income and a prominent retail location, this property presents an attractive investment opportunity. Properties offering both commercial and residential revenue sources are rarely available in such a desirable location.

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Commercial Active

Price

$ 329,900

Property Type

Commercial

Taxes

$ 1,498

Style

Commercial

Lot Size

0.08

Year Built

1948

Town/City

Spencer

County/Region

Clay

MLS | Web ID

260660

Features
General
Sewer Public Sewer
Construction Other(See Rmks)
Heating Forced Air
Cooling Central
Roof Flat
current use Retail
Flood Zone Unknown
Class COMMERCIAL
Assessments Unknown
Type Commercial
Yearly Taxes 1498
Tax Year 2024
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Construction Materials Brick
Primary City Spencer
Year Built 1948
City Spencer
DOM 3
Secondary City Clay County
Postal Code 51301
Potential Short Sale No
Public Remarks Established Retail Space on High-Traffic Grand Avenue in Spencer – Now Available for Purchase! Take advantage of this rare opportunity to own an established retail property in a prime location on
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Exterior
Waterfront 0
Lot Size Source Assessor
Water Source Public/City
Parking Features Attached Garage On-Street Pkg Only
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* Excluded Features
List By
Ryan Moran

Listing Agent

Integrity Real Estate

Broker

(712) 260-0997

Phone

ryan@integrityiowa.com

Email

Affordability Calculator

$2,156
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,031
Monthly Property Taxes
$125
Monthly 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
1883306 Elementary School
1883255 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$329,900 Listed Price

Map


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519 N Grand Avenue, Spencer, IA, 51301 is a Commercial Property for sale at $329,900 with a lot size of 0.08. 519 N Grand Avenue was built in 1948. The property's zip code is 51301 which is in Spencer, IA