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    403 W 1St St Independence, IA 50644

    For Lease
    $1,750 /Mo ($19 SF/Yr)

    COMMERCIAL - Independence, IA

    Type:Office
    Lot size:
    0.03 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 403 W 1St St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C
    APN
    0081004252006
    Lot size
    0.03 Acres

    Building Details

    Year built
    1945

    Berkshire Hathaway HomeServices One Realty Centre (319) 233-7000 [email protected]

    Listing agent Jason Strelow (319) 233-7000

    Listing date Nov 11, 2025

    Copyright © 2025 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.

    Overview

    Prime Commercial Space, Independence, IA

    Located at 401 1st St. W, Independence, IA, this commercial office/retail space offers a prime opportunity. Situated on the main thoroughfare through town, the high-traffic corner lot provides excellent visibility and accessibility. The property includes two private offices suitable for management or confidential meetings, a lobby area to welcome clients and visitors, and a break room for employees. A large open workspace is perfect for collaborative projects or adaptable for various layouts. A full basement provides ample storage. The location benefits from the vibrant community of Independence, which has a population of over 6,100 residents, ensuring a steady flow of potential customers. Plenty of parking spaces are available for clients and staff. The space is available immediately and is ready to accommodate a wide range of business ventures.
    Location Intelligence

    Current Use by Public Records

    Brown-Lane Insurance Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Buchanan
    State
    Iowa
    Longitude
    -91.898288
    Latitude
    42.468497

    FAQs

    What type of property is this?
    Office space - Versatile commercial office/retail space on a high-traffic corner lot.
    Where is this office space located?
    The property is located at 403 W 1St St Independence, IA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic corner lot on the main thoroughfare ensures excellent visibility and accessibility.; - Versatile space suitable for office or retail use.; - Includes two private offices, lobby area, break room, and large open workspace.
    (319) 233-7000
    Request Owner's contact information
    403 W 1St St Independence, IA 50644
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    Independence, IA 50644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    403 W 1St St Independence, IA 50644
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