$399,000

2 Grand Ave Spencer, IA 51301

Estimated payment $2,709/month

Total Views 32,044
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Spencer Middle School Rated 9+

About This Home

Mixed Use Commercial Property offers, Office, Retail, & Warehouse. Features 4200 sq ft of office / retail, 2000 sq ft of warehouse, a 28ft x 32ft detached garage & 7200 sq ft of off street private concrete parking all located on a 1/2-acre lot offering Grand Avenue frontage.

Listing Agent

Mark Hallett

Realty Professionals License #B04510 Listed on: 08/05/2025

Co-Listing Agent

Susanne Hallett

Realty Professionals License #B26800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,340

Year Built

  • Built in 1947

Lot Details

  • 0.5 Acre Lot

Home Design

  • Property Attached
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction
  • Tar and Gravel Roof
  • Block Exterior

Parking

  • Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 963618138016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,340

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: COMMERCIAL
  • Property Attached: Yes
  • Type: Mixed Use
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Concrete Block, Frame/Wood
  • Construction Materials: Block, Brick
  • Flood Zone: Unknown
  • Roof: Tar/Gravel
  • Waterfront: No

Garage/Parking

  • Parking Features: Detached Garage, Driveway-Asphalt, Driveway-Concrete

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Current Use: Professional/Office, Retail
  • Land Size Acres: 0.5
  • Land Sq Ft: 22,560
  • Parcel Number: 963618138016

Tax Info

  • Tax Amount: 7340
  • Tax Classification: Commercial
  • Tax Year: 2023

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,340 $299,280 $129,010 $170,270
2024 $7,340 $277,220 $129,320 $147,900
2023 $7,214 $277,220 $129,320 $147,900
2022 $6,020 $253,000 $129,320 $123,680
2021 $5,530 $251,600 $129,320 $122,280
2020 $5,530 $238,760 $129,320 $109,440
2019 $4,800 $225,670 $0 $0
2018 $4,840 $225,670 $0 $0
2017 $4,840 $196,310 $0 $0
2016 $4,118 $196,310 $0 $0
2015 $6,090 $179,780 $0 $0
2014 $6,396 $179,780 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 For Sale $399,000 -- --
Source: Iowa Great Lakes Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,000 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251017

Iowa Great Lakes Board of REALTORS®

APN: 9636-18-138-016

Iowa Clay County Spencer 51301

2 Grand Ave, Spencer, IA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa Great Lakes Board of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes
Mark Hallett
Listing Agent
Mark Hallett
Section Image
Realty Professionals
(712) 485-7837