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    Madrid, IA

    Madrid, IA Commercial Real Estate for Sale

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    Sheldahl, IA Woodward, IA Luther, IA Polk City, IA Slater, IA Granger, IA Des Moines, IA Grimes, IA
    Commercial Land at Highway Intersection
    Updated: Apr 25, 2025
    Commercial Land at Highway Intersection

    118 N Kennedy Avenue, Madrid, IA 50156

    $225,000
    0.50 AC lot
    0.503‑acre commercial land parcel
    Located at the intersection of Highway 210 and Highway 17
    Public water source available
    Public sewer serves the property
    118 N Kennedy Avenue, Madrid, IA 50156
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    Dollar General Retail Space
    Updated: Jun 3
    Dollar General Retail Space

    100 Southern Prairie Drive, Madrid, IA 50156

    Contact for pricing
    9,020 sqft
    9,020‑square‑foot retail property
    Dollar General‑branded asset
    Constructed in 2011
    Recent lease extension
    8% cap rate
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    Mixed-Use Property
    Mixed-Use Property

    243-245 S. State Street, Madrid, IA 50156

    Contact for pricing
    10,560 sqft

    A substantial mixed-use building offering space for multiple commercial functions.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Tiger Bowl Bowling Alley
    Tiger Bowl Bowling Alley

    205 Annex Rd, Madrid, IA 50156

    Contact for pricing

    Bowling center with an operating restaurant, bar, leagues, and youth programming.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Madrid, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    2 Luther Street, Luther, IA 50152

    $250,000
    0.54 AC lot

    Highway-frontage parcel with electric and water hookups plus an existing parking-lot lease.

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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    2 Luther St, Luther, IA 50152

    Contact for pricing
    0.53 AC lot

    Commercial lot on Hwy 17 with electric and water hookups, currently leased as parking through July 2027.

    View details
    Mixed-Use Laundromat and Apartments
    Mixed-Use Laundromat and Apartments

    115 S Main St, Woodward, IA 50276

    $223,000

    Income-focused mixed-use property combining a commercial laundromat with five rental units.

    View details
    Downtown Commercial Land
    Downtown Commercial Land

    106 E 2nd Street, Woodward, IA 50276

    Contact for pricing

    Lot acquisition is available only as part of a larger package purchase.

    View details

    Off-Market Properties in Madrid, IA

    Consider similar Off-Market properties in Madrid, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    120 3rd St
    COMMERCIAL (GENERAL)

    120 3rd St, Madrid, IA 50156-1308

    $190,000
    Estimated value
    1,440 sqft 0.30 AC lot
    View details
    221 State St
    RETAIL STORES (PERSONAL SERVICES)

    221 State St, Madrid, IA 50156-1319

    $200,000
    Estimated value
    1,771 sqft 0.07 AC lot
    View details
    Madrid, IA 50156
    VACANT COMMERCIAL LAND

    Madrid, IA 50156

    $475,000
    Estimated value
    1.16 AC lot
    View details
    237 State St
    VACANT COMMERCIAL LAND

    237 State St, Madrid, IA 50156-1319

    $120,000
    Estimated value
    0.07 AC lot
    View details
    200 2nd St
    PROFESSIONAL BUILDING

    200 2nd St, Madrid, IA 50156-1338

    $150,000
    Estimated value
    1,942 sqft 0.40 AC lot
    View details
    101 6th St
    SERVICE STATION (FULL SERVICE)

    101 6th St, Madrid, IA 50156-1601

    $80,000
    Estimated value
    921 sqft 0.18 AC lot
    View details
    114 Kennedy Ave
    FINANCIAL BUILDING

    114 Kennedy Ave, Madrid, IA 50156-1440

    $95,000
    Estimated value
    1,204 sqft 0.28 AC lot
    View details
    232 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    232 2nd St, Madrid, IA 50156-1212

    $155,000
    Estimated value
    1,320 sqft 0.07 AC lot
    View details
    2077 Rose Rd
    WAREHOUSE, STORAGE

    2077 Rose Rd, Madrid, IA 50156-7585

    $120,000
    Estimated value
    1,200 sqft 9.70 AC lot
    View details
    215 Southern Pr Dr
    RETAIL STORES (PERSONAL SERVICES)

    215 Southern Pr Dr, Madrid, IA 50156-8201

    $200,000
    Estimated value
    9,920 sqft 3.96 AC lot
    View details
    235 2nd St
    OFFICE BUILDING

    235 2nd St, Madrid, IA 50156-1211

    $245,000
    Estimated value
    7,856 sqft 0.27 AC lot
    View details
    326 2nd St
    WAREHOUSE, STORAGE

    326 2nd St, Madrid, IA 50156-1226

    $355,000
    Estimated value
    1,320 sqft 0.05 AC lot
    View details
    305 Anx Rd
    CAR WASH - SELF-SERVE

    305 Anx Rd, Madrid, IA 50156-1469

    $170,000
    Estimated value
    1,800 sqft 0.20 AC lot
    View details
    213 2nd St
    RESTAURANT

    213 2nd St, Madrid, IA 50156-1211

    $55,000
    Estimated value
    940 sqft 0.07 AC lot
    View details
    234 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    234 2nd St, Madrid, IA 50156

    $105,000
    Estimated value
    3,712 sqft 0.12 AC lot
    View details
    227 State St
    MEDICAL BUILDING

    227 State St, Madrid, IA 50156-1319

    $55,000
    Estimated value
    1,716 sqft 0.07 AC lot
    View details
    226 2nd St
    LIGHT INDUSTRIAL

    226 2nd St, Madrid, IA 50156-1212

    $145,000
    Estimated value
    1,680 sqft 0.09 AC lot
    View details
    503 Milwaukee St
    MINI-WAREHOUSE, STORAGE

    503 Milwaukee St, Madrid, IA 50156

    $255,000
    Estimated value
    3,000 sqft 1.74 AC lot
    View details
    317 Anx Rd
    LIGHT INDUSTRIAL

    317 Anx Rd, Madrid, IA 50156-1469

    $255,000
    Estimated value
    4,860 sqft 0.20 AC lot
    View details
    116 2nd St
    OFFICE BUILDING

    116 2nd St, Madrid, IA 50156-1349

    $150,000
    Estimated value
    1,265 sqft 0.04 AC lot
    View details

    Madrid, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Madrid, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,580 square feet of properties for sale, with an estimated market value of $225,000.

    Sale prices for business properties in Madrid, IA average $225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,407
    Population Growth (5Y) -9.4%
    Median Household Income $97,298
    College Educated 39.1%

    High-Yield Neighborhoods for Investment

    Identify Madrid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50156 $175K

    Taxes & Financing

    Tax Rate (average for all types) 2.62%
    Property Tax per SF $28.16 per SF
    Tax Rate vs County Average 0.44 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Boone County

    New Delisted

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