915 4Th Avenue, Spencer, IA 51301 for Sale

MLS #241225 | Bojihomes.com

$250,000

  • N/A
  • N/A
  • 6200
  • Active

General Description

This former Spencer Office Supply building presents a unique opportunity for investors and business owners looking to establish or expand their ventures. With 6,200 square feet of adaptable space, the property is ready for renovation following the removal of damaged materials from recent flood damage. Its prime location at the stoplight intersection of HWY 71 ensures high visibility, maximizing exposure . The flexible layout allows for either single occupancy or division into smaller units for rental or lease opportunities. Additionally, the concrete parking lot provides convenient access for customers and employees. Both the heating and air conditioning systems are fully operational. This versatile space is a blank canvas, ideal for retail, office, or mixed-use development. Priced at $40.33 a Sq Ft, add on the concrete parking lot makes a great value. Don’t miss the chance to transform this property into the business of your dreams! So schedule your showing today. Owners are related to the listing Agent. Since the pictures where taken, the owners have insulated bottom of the exterior walls and has initiated a contractor to install city water into the building at owners expense.

Legal: N 150' 1 SOUTHMOOR 3RD COMM * Legal Per Abstract*
Status: Active

Property Information

241225

$250,000

Sale

Commercial

COMMERCIAL

915 4Th Avenue SW

Spencer

IA

51301

6200

2138

2022

1976

Utilities

No

LISTED BY

Hinn Real Estate, Doug Small (712.336.1240)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Aaron Jones - RE/MAX Hall of Fame & Lifetime Achievement

Aaron Jones

RE/MAX Hall of Fame & Lifetime Achievement

Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Ask About this Property #241225

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COMMUNITY

"The Tressle"

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The O'Farrell Sister is a historic Okoboji Tradition that one must check out for breakfast and lunch!

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The O'Farrell Sisters restaurant was born in 1949 at the bridge on Hwy 71, between East and West Lake Okoboji. Edna Mae and Arlene O'Farrell bought the business from Ike Kissinger who was running for Sheriff of Dickinson County.

In the early years the girls were open seven days a week and had a booming business in no time. The fried chicken dinners on Sunday evenings were especially popular. There were times when the line waiting to get in was so long they'd have to lock the door and would often run out of chicken!

In 1959 Arlene married and moved to Tallahassee, Florida with her husband Furman Henderson. Edna Mae and Ferne continued in the restaurant, moving to its present location that same year. This spot had a garden and chicken coup, which was moved to the house across the street.

Ferne died in 1974 and Edna Mae in 1978. Arlene sold the business to nieces Joyce Gapinski, Jo Ann Anderson, Charlotte Sarvie and Cheri Petersen (these are married names). The nieces successfully ran the restaurant from 1979 through 2003. After losing Jo Ann in 1997 and Cheri in 2002, Joyce and Charlotte decided to sell after the 2003 season.

The rest is to be continued...

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