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Flex Space With Living Quarters
For Sale
$225,000
Pending

106 NW 1 Avenue, Waukon, IA 52172

COMMERCIAL - Waukon, IA

Property SizeContact for details
Lot Size0.08 Acres
Days on Market209

Property Features for 106 NW 1 Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-R
Directions West on W Main, Right on 1st St NW, left on 1st Ave NW, property on left.
Standard status Pending
APN 1030454001
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W 20', E 75', N 90' LOT 2, W 7.5', N 66' LOT 2 & E 14.5' BLK 1 P SHATT ADD; E 14.5' OF N 66' LOT 3 BLK 1 ARMSTRONG'S ADD
Tax Annual Amount 845
Legal Description W 20', E 75', N 90' LOT 2, W 7.5', N 66' LOT 2 & E 14.5' BLK 1 P SHATT ADD; E 14.5' OF N 66' LOT 3 BLK 1 ARMSTRONG'S ADD

Utilities

Utilities Water Available
Sewer type Public Sewer

Building Details

Year built 1942
Flooring type Concrete
Building materials Block
Roof type Metal
Listing Agency: Sweeney Real Estate
Listed By: John Sweeney, CCIM · License #S59906
Added: Jan 15 Changed: Aug 4 Last Checked: Aug 12 at 10:06AM
MLS# 20260256

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated flex property combines functional shop space with on-site living quarters in a compact commercial building. The primary shop includes a 16-foot overhead door and 20-foot ceiling clearance, while a second bay runs the full length of the building and has an 8-foot overhead door. Concrete flooring, block construction, and a metal roof support the building’s practical configuration.

The second floor contains an open living area with expansion capacity for additional finished space. Renovations include updated plumbing and electrical systems, and the exterior is fully wrapped in metal. The property includes water availability and public sewer service, with downtown within walking distance. Built in 1942, the 0.08-acre site offers a combined shop, storage, and living arrangement in Waukon.

Key Highlights

  • 16‑foot overhead door with 20‑foot ceiling clearance in the primary shop
  • Secondary bay runs the full building length and includes an 8‑foot overhead door
  • Second‑floor open living area with room for additional finished space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
2
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52172, IA

6,097
Population
2,923
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
91%
High-School Grad
159.9 sq mi
ZIP Area
38
Density / Sq Mi
$65,801
Median Household Income
$41,391
Median Earnings
$730
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated commercial building combining shop, storage, and on-site living space near downtown.
Where is this flex space located?
The property is located at 106 NW 1 Avenue Waukon, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 16‑foot overhead door with 20‑foot ceiling clearance in the primary shop; Secondary bay runs the full building length and includes an 8‑foot overhead door; Second‑floor open living area with room for additional finished space
More about this property
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