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Flex Property with Workshop
For Sale
$119,900

1404 Avenue M, Fort Madison, IA 52627

Commercial Sale, Fort Madison, IA

Property Size3,456 SF
Lot Size2.16 Acres
Price / SF$34.69
Days on Market365

Property Features for 1404 Avenue M

General Information

Property type Commercial Sale
Property subtype Other
Directions South on 14th Street, Corner of Avenue M and 14th Street.
Standard status Active
APN 024715044550020
Lot size 2.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description #1936 1404 AE M ATLEE BLK 4 LOTS 1-9 & VAC ALY N&ADJ&E 1/2 LOT 11, LOTS 12-18 per Lee County Assessor
Tax Annual Amount 1404
Legal Description #1936 1404 AE M ATLEE BLK 4 LOTS 1-9 & VAC ALY N&ADJ&E 1/2 LOT 11, LOTS 12-18 per Lee County Assessor

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1959
Number of units 2
Building materials Brick, Metal Siding
Architectural style Other
Listing Agency: RE/MAX Real Estate Specialists · RE/MAX International
Listed By: Denise Myers · License #475.141439
Added: Sep 5, 2025 Changed: Aug 31 Last Checked: Sep 4 at 2:06AM
MLS# 6331537

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.

This flex property includes two connected buildings totaling 3,456 square feet on a 2.16-acre parcel. The 2,560-square-foot primary building contains two offices, two bathrooms, a shop area, and storage space. A separate 896-square-foot workshop adds heated and insulated work space, a work sink, floor drain, and lift-up door. Shelving and office furniture are included unless removed before closing.

Recent improvements include a roof that is 2 yrs old, new air conditioning, and a furnace installation in progress with a dedicated enclosure being added. The site also provides parking, outdoor space, and substantial open ground for future expansion or additional storage-related improvements. Public water serves the property, which was built in 1959 and features brick and metal siding construction.

Key Highlights

  • 3,456 sq ft across two buildings on 2.16 acres
  • 2,560 sq ft main building with two offices, two bathrooms, shop area, and storage
  • 896 sq ft heated and insulated workshop with work sink, floor drain, and lift‑up door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop HVAC Service Real Estate Agency Big Box & Wholesale Store Pet Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52627, IA

12,350
Population
6,134
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
95%
High-School Grad
63.9 sq mi
ZIP Area
193
Density / Sq Mi
$54,864
Median Household Income
$39,058
Median Earnings
$830
Median Rent
$111,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building setup combines office, service, and storage areas with outdoor space for operational flexibility.
Where is this flex space located?
The property is located at 1404 Avenue M Fort Madison, IA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 3,456 sq ft across two buildings on 2.16 acres; 2,560 sq ft main building with two offices, two bathrooms, shop area, and storage; 896 sq ft heated and insulated workshop with work sink, floor drain, and lift‑up door
More about this property
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