Back to Search

Move-In Ready Commercial Office Building

131 Main Street Shellsburg, IA 52332

131 Main Street, Shellsburg, IA, 52332

$375,000

For Sale

$375,000

COMMERCIAL - Shellsburg, IA

Property Size1,900 SF

Lot Size0.42 Acres

Price / SF$197.37

Days on Market93

Property Features for 131 Main Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Comm
Standard status: Active
APN: 19016850
Size: 1,900 SF
Lot size: 0.42 Acres

Taxes and HOA fees

Tax Description: As per abstract
Tax Annual Amount: 9756

Building Details

Year built: 2016
Building materials: Frame

Listing Agency Realty87

5408 BLAIRS FOREST WAY NE, Cedar Rapids, IA

Listed by Tami Timm

Added: Apr 15 Checked: Jul 16 at 3:06 pm

MLS# 2602671

Copyright © 2026 Cedar Rapids Area Association 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 well-built commercial property is offered for sale and described as move-in ready for immediate occupancy. The existing configuration supports flexible use for a range of professional and service-based operations, including office, healthcare, and wellness-style services.

Located at 131 Main Street in Shellsburg, Iowa, the property sits on approximately 0.42 acres. The zoning is listed as “Comm,” providing a framework for commercial uses. The listed size is approximately 1,900 square feet.

Because the property is presented as move-in ready and designed for multiple types of professional services, it may fit buyers or operators looking to launch or expand a client-facing business under one roof. The seller’s remarks specifically point to opportunities such as chiropractic, massage therapy, salon, daycare, and dentist office use, with the possibility for more than one profession to combine businesses depending on layout and operating needs.

Key Highlights

Frame commercial property built in 2016
Move‑in ready commercial space with a move‑in ready condition noted in the remarks
Suitable for multiple business types such as chiropractic, massage therapy, salon, daycare, or a dentist office

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.2k	$13.80
− Vacancy	−$2.6k	−$1.38
EGI	$23.6k	$12.42
− OpEx	−$9.4k	−$4.97
NOI	$14.2k	$7.45

1,900 SF · lease $13.80/SF/yr · vacancy 10.00% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$202.3K

$177.0K – $236.0K (±1% cap)

NOI $14,159 @ 7.0% cap · market cap 3.78%

Second Best

Office B

$130.4K

$114.1K – $152.1K (±1% cap)

NOI $9,125 @ 7.0% cap · market cap 2.43%

Theoretical Best

Specialty Retail

$275.0K

$240.6K – $320.8K (±1% cap)

NOI $19,249 @ 7.0% cap · market cap 5.13%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Elizabeth Meyer A.R.N.P. Medical Clinic BRIAN A LINDO Pediatrician Julie J Hoffmnn Physician Cedar Valley Primary ... Medical Clinic Melanie Dahlhauser, ARNP Physician

Suggested Use

For sale
Medical Office Space
IA
Shellsburg
52332
131 Main Street

What type of property is this?

Medical Office Space - For sale commercial property in Shellsburg, IA with move-in ready interior and flexible fit for professional services.

Where is this medical office space located?

The property is located at 131 Main Street Shellsburg, IA.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Frame commercial property built in 2016; Move‑in ready commercial space with a move‑in ready condition noted in the remarks; Suitable for multiple business types such as chiropractic, massage therapy, salon, daycare, or a dentist office