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17 E 5th Street, Spencer, IA 51301

RAILWAY 1ST ADDITION · Clay County

Key Facts

478Sq Ft
1971Year Built
0.16Lot (acres)

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

Central Air

Heating

ElectricForced Air

Parking

Concrete

Construction

Vinyl Siding

Roof

Asphalt

Sewer

Public Sewer

Water Source

Public

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

Map showing the location of 17 E 5th Street, Spencer, IA 51301

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

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Spencer

Listing Courtesy: Bates Realty, LLC - PRIM: 712-260-7149

Presented by: Kim Bates

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Iowa Great Lakes Board of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Iowa Great Lakes Board of REALTORS®. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IowaGL. MLS® Listing#260004. © 2026EXIT Realty®. All rights reserved.