
17 E 5th Street, Spencer, IA 51301
RAILWAY 1ST ADDITION · Clay County
Key Facts
Description
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 Information
Property Type
Commercial Sale
Year Built
1971
Living Area
478 sq ft
Lot Size
0.16 acres
Days on Market
85
MLS® Listing#
260004
Property Features
Cooling
Heating
Parking
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,558
Tax year 2025
Parcel Number
963607384017
Affordability Calculator
$15,980
Estimated monthly payment
$425/mo
Principal $63,920 · Est. interest $89,174 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spencer, IA
- $237,931
- Median Listing Price
- 79
- Median Days on Market
- 1,533
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 51
- Active Listings
- This home’s price is 66% below the area median.
- Its price per sq ft is 23% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spencer, IA.
Location
Points of Interest in Spencer, IA
Showing the Spencer area map.
Nearby Schools
Spencer Community Schools
School · 0.1 mi away
Jefferson Head Start
School · 0.4 mi away
Spencer High School
Secondary · 0.5 mi away
Sacred Heart School
School · 0.7 mi away
Johnson Elementary
Elementary · 0.7 mi away
Fairview Elementary School
Elementary · 0.8 mi away
Lincoln Elementary School
Elementary · 0.9 mi away
Spencer Middle School
Secondary · 1.0 mi away
Iowa Great Lakes Lutheran School
Secondary · 1.4 mi away
Clay Central Everly Community School District
Elementary · 9.0 mi away
Clay Central-Everly Elementary School
Elementary · 9.1 mi away
Safari Child Care Center
School · 12.1 mi away
Ruthven-Ayrshire Community School District
Elementary · 12.2 mi away
Okoboji Elementary School
Elementary · 12.4 mi away
Okoboji High School
Secondary · 12.5 mi away
Graettinger-Terril Elementary School
Elementary · 14.1 mi away
Okoboji Middle School
Elementary · 15.6 mi away
Hartley Melvin Sanborn Community School District
School · 16.8 mi away
Hartley-Melvin-Sanborn High School
Secondary · 17.4 mi away
Northwest Iowa School of Taxidermy
Secondary · 18.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 807 4th Avenue W, Spencer, IA | $63,000 | 6 | 3 | 2,404 |
| 2008 358Th Street, Spencer, IA | $89,900 | — | — | — |
| 2020 358Th Street, Spencer, IA | $89,900 | — | — | — |
| 2014 358Th Street, Spencer, IA | $89,900 | — | — | — |
| 309 1st Street E, Spencer, IA | $90,000 | 2 | 1 | 879 |
| 2106 1St Avenue E 30, Spencer, IA | $90,000 | 2 | 2 | 1,012 |
Moving Cost Estimate
EXIT Agents in Spencer
Listing Courtesy: Bates Realty, LLC - PRIM: 712-260-7149
Presented by: Kim Bates

















