Spencer, IA 51301 · Clay County
RAILWAY 1ST ADDITION
478
Sq Ft
1971
Built
0.16 ac
Lot
$167
$/Sq Ft
Prime Corner Opportunity just off Grand Avenue in Spencer! Lighted boxes for signage will help add high visibility to this property. Let your business model take shape in this building ideal for a coffee shop, modern hair salon, professional office, small retail boutique. What's your dream?
Property Type
Commercial Sale
Year Built
1971
Living Area
478 sq ft
Lot Size
0.16 acres
Days on Market
85
MLS® Listing#
260004
Annual Taxes
$1,558 (2025)
Parcel: 963607384017
Price History
17 E 5th Street
Spencer, IA 51301
Clay County
RAILWAY 1ST ADDITION
Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.
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Spencer, IA market overview
Median Price
$178,000
-55% vs areaAvg Days on Market
388
-78% vs areaPrice / Sq Ft
$127
+31% vs areaActive Listings
83
4.5 mo. supplyMarket statistics compiled from data from Iowa Great Lakes Board of Realtors.