An incredible opportunity to own this well maintained and recently remodeled commercial building in the heart of Spencer, WI. Most recently used as a Ford dealership, the property boasts over 8,000 square feet, with 4,800 being the shop area and the remaining office space and parts department. There is access along four streets and has a complete asphalt parking lot with yard lights. The building had a fire on the east side in 2022 and all fire damage has been cured. Some updates include five new offices, flooring, HVAC, bathroom remodel, etc. There are five overhead doors in the shop with two of them being 14 feet tall. None of the equipment or hoists are included in the sale but could potentially be negotiated. There's an additional detached 30 by 52 pole shed for storage on the property with two overhead doors. There's a lot of property for the price, call to make an appointment today!
Welcome to this fantastic commercial property in Spencer! This property features three units, including a storefront currently occupied by Rocket Nutrition, a popular local business. In addition to the storefront, there are two rental units that are fully rented out. The upstairs unit is a spacious 3 bedroom, 2 full bath apartment with a kitchen, dinette, and living room. The property also includes a detached 3 car garage, perfect for tenants or additional storage. The property boasts a newer metal roof and an attractively painted exterior, with a red roof that supports the Spencer Rocket colors. This property offers great rental income potential and is an excellent opportunity for investors looking to expand their portfolio. Don't miss out on this unique investment opportunity in Spencer!
The median home value in Spencer, WI is $179,900. This is lower than the county median home value of $199,000. The national median home value is $338,100. The average price of homes sold in Spencer, WI is $179,900. Approximately 70.83% of Spencer homes are owned, compared to 26.53% rented, while 2.64% are vacant. Spencer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spencer real estate agent to arrange a tour today!
Spencer, Wisconsin has a population of 1,555. Spencer is less family-centric than the surrounding county with 25.26% of the households containing married families with children. The county average for households married with children is 30.32%.
The median household income in Spencer, Wisconsin is $62,462. The median household income for the surrounding county is $67,940 compared to the national median of $69,021. The median age of people living in Spencer is 35.3 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 29.7 inches per year, with 46.8 inches of snow per year.