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Freestanding Office Building
For Sale
$135,000

1010 N BROADWAY Street, Red Oak, IA 51566

Commercial Sale, RED OAK, IA

Property Size1,928 SF
Lot Size0.08 Acres
Price / SF$70.02
Days on Market69

Property Features for 1010 N BROADWAY Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 14C
Standard status Active
APN 600628113014000
Size 1,928 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BISHOPS SD L 5 &E 9. 6'LT 6 EX N 60.L' & N 1/2 VAL ALLEY LYG S & ADJ B 4 (PARCEL B)
Legal Description BISHOPS SD L 5 &E 9. 6'LT 6 EX N 60.L' & N 1/2 VAL ALLEY LYG S & ADJ B 4 (PARCEL B)

Utilities

Utilities Phone Available
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

kitchenette

Building Details

Year built 1988
Building materials Frame
Listing Agency: Better Homes and Gardens Real Estate The Good Life Group
Listed By: Lisa Marie Pringle · License #S65916000
Added: Jul 26 Changed: Sep 30 Last Checked: Oct 2 at 8:06PM
MLS# 26-2142

Copyright © 2026 Southwest Iowa Association 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.

The freestanding office building contains 1,928 square feet on a 0.08-acre lot. Its layout includes five private offices and a conference room that can function as a sixth office, along with two restrooms and a kitchenette. Windows bring natural light into the interior, and ramp access serves the building. Forced-air natural gas heating and central air conditioning are installed. A new roof is scheduled for installation in fall 2026.

Located at 1010 N Broadway Street in Red Oak, the property has commercial zoning and shared surface parking. Phone service is available.

Key Highlights

  • 1,928 SF freestanding office building on a 0.08‑acre lot
  • Five private offices plus a conference room that can serve as a sixth office
  • Two restrooms and a kitchenette

Property Analytics

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Current Use

Broadway Styles Hair Salon Heart and Soul Bridal Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Barber Shop Cafe & Coffee Shop Storage Facility

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

427
Businesses Nearby

Demographics for 51566, IA

6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
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
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Frequently Asked Questions

What type of property is this?
Office building - Five private offices, a conference room, kitchenette, and ramp access support a practical professional layout.
Where is this office building located?
The property is located at 1010 N BROADWAY Street Red Oak, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,928 SF freestanding office building on a 0.08‑acre lot; Five private offices plus a conference room that can serve as a sixth office; Two restrooms and a kitchenette
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