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Brick Office Building
For Sale
$180,000

1309 S Broadway Street, Toledo, IA 52342

Commercial Sale, Toledo, IA

Property Size3,500 SF
Lot Size0.99 Acres
Price / SF$51.43
Days on Market306

Property Features for 1309 S Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Subdivision SUMMIT
Lot features Corner Lot, Tree Coverage - Light
Directions .
Standard status Active
APN 027.14.22.457.004
Lot size 0.99 Acres

Taxes and HOA fees

Tax Description LOTS 7 THRU 10 BLK 4 SUMMIT ADDN
Legal Description LOTS 7 THRU 10 BLK 4 SUMMIT ADDN

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

lobby
reception area
conference room
kitchenette
two half baths

Building Details

Year built 1992
Number of units 10
Flooring type Carpet
Building materials Brick, Frame
Roof type Metal
Architectural style Other
Listing Agency: Wedmore Realty LLC
Listed By: Michael Wedmore · License #***
Added: Nov 25, 2025 Changed: Sep 7 Last Checked: Sep 27 at 11:06AM
MLS# 6333972

Copyright © 2026 NoCoast MLS. 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.

Constructed in 1992, this 3,500-square-foot, single-story office property features brick construction, a metal roof, and carpeted interiors. The floor plan provides nine office spaces along with a lobby, reception area, conference room, kitchenette, and two half baths. Forced-air heating and central air conditioning support the interior, while an accessible approach with ramp serves the building.

The property sits on 0.99 acres at 1309 S Broadway Street in Toledo, Iowa. Paved parking is located on the north side, and the building is connected to public water. Residential zoning is in place, and the property was formerly occupied by Tama County Mental Health.

Key Highlights

  • 3,500‑square‑foot office building on 0.99 acres
  • Nine office spaces plus lobby, reception, conference room, and kitchenette
  • Brick construction with metal roof, built in 1992

Property Analytics

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Current Use

Mr. Paul Daniel Counselor Laura M. Van ... Physician Tyne Smith Foster Care Service Center Associates Tama ... Physician Pamela S. Tekippe, ... Foster Care Service

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store

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

9
Office units

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

Demographics for 52342, IA

3,192
Population
1,390
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
93%
High-School Grad
88.7 sq mi
ZIP Area
36
Density / Sq Mi
$62,344
Median Household Income
$36,806
Median Earnings
$954
Median Rent
$136,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-story layout with multiple offices, reception space, a conference room, kitchenette, and paved parking.
Where is this office building located?
The property is located at 1309 S Broadway Street Toledo, IA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 3,500‑square‑foot office building on 0.99 acres; Nine office spaces plus lobby, reception, conference room, and kitchenette; Brick construction with metal roof, built in 1992
More about this property
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