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Historic Multi-Tenant Office Building
For Sale
$875,000

704 1st Avenue N #08, Fort Dodge, IA 50501

Commercial Sale, Fort Dodge, IA

Property SizeContact for details
Lot Size0.19 Acres
Days on Market131

Property Features for 704 1st Avenue N #08

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Webster
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 7608

Building Details

Floors in Building 3
Listing Agency: Coldwell Banker Associated Realtors · Coldwell Banker Real Estate
Listed By: Kayli Stumpf
Added: May 5 Changed: Aug 19 Last Checked: Sep 12 at 10:06PM
MLS# 29859

Copyright © 2026 Fort Dodge 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.

Investment Insights

Based on property information with market context.

Located at 704 1st Avenue N in Fort Dodge’s central business district, this historic office property contains over 20,000 SF across multiple levels. The main floor and part of the second floor have been renovated and are occupied, while additional space remains available on the upper floors and lower level.

The building supports multiple occupants and has 6 separate electrical meters for utility management. Recent improvements include a new elevator, updated windows, roof work, and tuckpointing. Commercial zoning and a multi-tenant layout provide a range of office configurations within the existing building.

Key Highlights

  • Over 20,000 SF historic office building in Fort Dodge’s central business district
  • Multi‑tenant layout with occupied renovated areas and additional leasing space
  • 6 separate electrical meters support individual utility management

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Parking Lot & Garage Pharmacy Cafe & Coffee Shop HVAC Service Food Market

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

Demographics for 50501, IA

28,492
Population
13,198
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
92%
High-School Grad
152.2 sq mi
ZIP Area
187
Density / Sq Mi
$66,130
Median Household Income
$36,934
Median Earnings
$779
Median Rent
$139,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Renovated main and second-floor areas are occupied, with additional upper- and lower-level space available for leasing.
Where is this office building located?
The property is located at 704 1st Avenue N #08 Fort Dodge, IA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Over 20,000 SF historic office building in Fort Dodge’s central business district; Multi‑tenant layout with occupied renovated areas and additional leasing space; 6 separate electrical meters support individual utility management
More about this property
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