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Remodeled Multi-Unit Office Building
For Sale
$249,900

2303 8Th Avenue E, University Park, IA 52595

Commercial Sale, University Park, IA

Property SizeContact for details
Lot Size0.75 Acres
Days on Market39

Property Features for 2303 8Th Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Directions 8th Ave E
Standard status Active
APN 1120176005
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description IRREG TRACT SW COR L OT 2 SE NW N RD
Tax Annual Amount 2594
Legal Description IRREG TRACT SW COR L OT 2 SE NW N RD

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1974
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: RE/MAX Pride Oskaloosa
Listed By: Jason Carter · License #B61335000
Added: Jul 31 Changed: Sep 7 Last Checked: Sep 7 at 10:06PM
MLS# 6341041

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 1974 brick office building in University Park has updated main-floor finishes, including flooring, paint, restrooms, lighting, doors, and trim. The upper level is arranged as two sizable office units, each with a reception area and restrooms. One includes two classroom-sized rooms and storage, while the other offers a large divisible room and three offices. The suites can also be combined.

A finished basement adds usable space and includes a walk-out configuration with the ability to divide the area. The property sits on a 0.75-acre fenced lot at 2303 8th Avenue E. Public water and forced-air heating serve the building, and the site has been identified as having potential for storage-unit construction.

Key Highlights

  • Two upper‑level office units with reception areas and restrooms
  • Main‑floor updates include flooring, paint, lighting, doors, trim, and restroom improvements
  • Finished walk‑out basement with potential to divide the space

Property Analytics

Current Use

Kids' Corner Child ... Daycare Center

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Kitchen & Bath Showroom Hair Salon Grocery & Convenience 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

2
Office units

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 52595, IA

428
Population
268
Households
1.6
Avg Household Size
33
Median Age
20%
College-Educated
91%
High-School Grad
0.5 sq mi
ZIP Area
856
Density / Sq Mi
$63,125
Median Household Income
$37,961
Median Earnings
$731
Median Rent
$88,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible floor plan includes two upper-level suites and a finished walk-out basement.
Where is this office building located?
The property is located at 2303 8Th Avenue E University Park, IA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two upper‑level office units with reception areas and restrooms; Main‑floor updates include flooring, paint, lighting, doors, trim, and restroom improvements; Finished walk‑out basement with potential to divide the space
More about this property
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