- For Sale $600,000
- Property Type Retail - Freestanding
- Property Size 2,517 SF
- Lot Size 2.51 Acre
- Property Tenancy Single Tenant
- Year Built 1985
- Date Updated Jul 24, 2026
Description
Located on the SE corner of the intersection of US 18 & US 71 on the north end of Spencer, IA.Former Sinclair gas station on the SE corner of US 18 & US 71 on the north end of Spencer ripe for re-development. Capture the traffic flow from the new neighboring KwikStar Truck Stop directly to the south. The 2,517 sq. ft. building on 2.51 acres could be re-purposed into a drive-through or razed. The DOT is re-designing the interchange into a new roundabout. The DOT will be constructing a new access driveway to the frontage road to the east followed by closing the existing access to the north.
The State of Iowa will provide up to $75,000 of reimbursement for removal of the gas tanks. Buyer is responsible for removal of the septic system and the new connection to city sewer.
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Contacts
Chris Bogenrief, SIOR, CCIM, MBA
NAI United
Location
Located at 4318 Hwy Blvd, Spencer, IA 51301, this property is part of the Spencer neighborhood.
Contact Listing Broker
Chris Bogenrief, SIOR, CCIM, MBA
NAI United