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Flex Space with Overhead Door
For Sale
$109,900

1109 Water Street, Alden, IA 50006

COMMERCIAL - Alden, IA

Property SizeContact for details
Lot Size0.20 Acres
Days on Market96

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 2024
Tax Description BLOCK 2, ORIGINAL TOWN, ALDEN BLOCK 2 LOT 3
Tax Annual Amount 918
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
Listed By: Doug Hatlevig · License #***
Added: May 20 Changed: Aug 19 Last Checked: Aug 23 at 5:06PM
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 flex space at 1109 Water Street is arranged in four sections and includes an insulated rear shop with concrete flooring, two suspended heaters, a walk-in entrance, and a 14 ft overhead door. The insulated middle area contains a storage/work room and a storage/office with a half bath, while the front section is unheated and positioned above a basement that provides additional storage capacity. The building has metal siding, a metal roof, forced-air heating, and public water service.

The property occupies 0.2 acres in downtown Alden, Iowa, with on-street parking. Built in 1900, the building is zoned Business/Commercial. The middle section may support additional overhead storage or a loft, subject to applicable approvals and construction requirements.

Key Highlights

  • Four‑section layout with shop, storage, office, and front commercial areas
  • Insulated rear shop includes two suspended heaters and a 14 ft overhead door
  • Basement provides additional storage beneath the front section

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Butcher Big Box & Wholesale Store Restaurant Daycare Center Gym & Fitness Center

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

59
Businesses Nearby
Well-served
Demand for This Use

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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 - Multi-section commercial building with shop, storage, office, basement, and public water service.
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: Four‑section layout with shop, storage, office, and front commercial areas; Insulated rear shop includes two suspended heaters and a 14 ft overhead door; Basement provides additional storage beneath the front section
More about this property
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