$399,000

2 Grand Ave Spencer, IA 51301

Estimated payment $2,797/month

Total Views 1,197
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
2024 $7,214 $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 Change Sq Ft Price
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