Building Details

Year built 1926

Listing Agency: Keller Williams Siouxland · Keller Williams Realty k***@kw.com Show Phone

Listed By: Aaron Bircher · License #20140268 Show Phone

Added: Jan 28 Changed: Aug 19 Last Checked: Aug 25 at 6:06PM

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MLS# 831637

Copyright © 2026 Northwest 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.

Investment Insights

Based on property information with market context.

Built in 1926, this storefront property offers an L-shaped primary area that can accommodate varied interior arrangements. Entry is through a foyer into the main space, which features a large street-facing window for natural light. The improvements also include a conference room, two half-baths, a utility room with storage, and a vault. Central air provides cooling throughout the building.

The property encompasses 0.05 acres across two lots at 706 Iowa Avenue in Onawa, Iowa, directly across from the library. A private rear entrance leads to a graveled parking area, providing an additional point of access for the building.

Key Highlights

• 1926 commercial building at 706 Iowa Avenue, Onawa, IA 51040
• 0.05‑acre property spanning 2 lots
• L‑shaped main area with a large street‑facing window

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom Bakery Dental Office Law Firm

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

297

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 51040, IA

3,537

Population

1,677

Households

2.1

Avg Household Size

43

Median Age

18%

College-Educated

94%

High-School Grad

129.5 sq mi

ZIP Area

27

Density / Sq Mi

$60,642

Median Household Income

$38,628

Median Earnings

$828

Median Rent

$140,400

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

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Similar For Sale Nearby

Flex Space with Detached Building

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1.69 Acres

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$280,000

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Similar Off Market Nearby

• aster & rose floristry — 1011 10th St, Onawa, IA 51040

Frequently Asked Questions

What type of property is this?

Storefront property - The layout includes a street-facing display window, conference room, storage areas, and two half-baths.

Where is this storefront property located?

The property is located at 706 Iowa Avenue Onawa, IA.

What is the asking price?

The asking price for this property is $54,900.

What are key features of this property?

This property features: 1926 commercial building at 706 Iowa Avenue, Onawa, IA 51040; 0.05‑acre property spanning 2 lots; L‑shaped main area with a large street‑facing window