704 S Grand Ave in Spencer, Iowa is an improved commercial property originally built in 1973 and situated on approximately 0.48 acres. It lies at the intersection of U.S. Highways 18 and 71 and benefits from three-sided site access. Public utility connections are available, and the parcel’s frontage offers vehicular visibility from major thoroughfares with recorded average daily traffic counts near 14,700. The property includes a main structure formerly used as a restaurant and paved surface parking. Zoning is classified as C-2 Highway Commercial within Clay County, and the site is within a developed corridor featuring other retail and service establishments.