Downtown Flex Space with
For Sale
$109,900
1109 Water Street, Alden, IA 50006
Commercial Sale, Alden, IA
Property SizeContact for details
Lot Size0.20 Acres
Days on Market97
Property Features for 1109 Water Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Parking features
On Street
Basement
Partial
Directions
located beside the small park on the corner of Main St and Water St in downtown Alden.
Standard status
Active
APN
892118310002
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLOCK 2, ORIGINAL TOWN, ALDEN BLOCK 2 LOT 3
Tax Annual Amount
946
Legal Description
BLOCK 2, ORIGINAL TOWN, ALDEN BLOCK 2 LOT 3
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1900
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Ferris Real Estate
(641) 648-4040
Listed By:
Doug Hatlevig · License #***
(641) 373-0572
Added: May 20
Changed: Aug 24
Last Checked: Aug 24 at 1:06PM
MLS# 6338539
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 1900 metal-sided flex property contains 5,800-plus square feet arranged across four interior sections. The rear shop is insulated, fully concrete-floored, and equipped with two suspended heaters, a walk-in entry, and a 14-foot overhead door. A heated central section includes a storage/work room and a storage-office area with a half bath. The front portion is currently unheated and includes access to a basement that provides additional storage space.
The property occupies 0.2 acres in downtown Alden and is zoned Business/Commercial. Public water serves the building, with on-street parking available. A metal roof and forced-air heating round out the existing improvements.
The property occupies 0.2 acres in downtown Alden and is zoned Business/Commercial. Public water serves the building, with on-street parking available. A metal roof and forced-air heating round out the existing improvements.
Key Highlights
- 5,800‑plus square feet arranged in four sections
- Insulated rear shop with two suspended heaters
- 14‑foot overhead door and walk‑in entry
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50006, IA
1,502
Population
755
Households
2
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
124.2 sq mi
ZIP Area
12
Density / Sq Mi
$62,188
Median Household Income
$45,524
Median Earnings
$577
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Business/Commercial zoning and multiple work, storage, and office areas create a flexible commercial layout.
Where is this flex space located?
The property is located at 1109 Water Street Alden, IA.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 5,800‑plus square feet arranged in four sections; Insulated rear shop with two suspended heaters; 14‑foot overhead door and walk‑in entry
