Search
Main Street Office Building
For Sale
$165,000

116 E Main Street, Panora, IA 50216

Front and rear parking supports convenient visits to this professional office property in Panora.

Property Size1,800 SF
Price / SF$91.67
Days on Market124

Property Features for 116 E Main Street

General Information

Standard status Active
Size 1,800 SF
Property subtype Office

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $1,224

Building Details

Building Size 1,800 SF
Year Built 1920
Buildings 1
Listing Agency: Iowa Realty Waukee
Listed By: Jerry Steenhoek
Source: Lakepanoramarealty
Added: Jun 26 Changed: Oct 27 Last Checked: Oct 26 at 3:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty Waukee

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,800-square-foot office property at 116 E Main Street in Panora was built in 1920 and has parking at both the front and rear. Its prior use was as an insurance agency, and the space is positioned for office or professional service occupancy.

The property is in downtown Panora, near Lake Panorama. Main Street traffic averages 4,490 vehicles per day, providing a measurable indicator of activity along the corridor. The available information also notes a downtown facade improvement rebate program for qualifying work.

Key Highlights

  • 1,800 square feet of office space
  • Built in 1920
  • Front and rear parking

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

MVP Insurance Services, ... Insurance Agency Versatile Insurance Services Insurance Agency MVP Service Solutions ... Insurance Agency RIA Insurance Services Corporate Office

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Plumbing Service Garden Center Grocery & Convenience Store

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

232
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50216, IA

2,722
Population
1,825
Households
1.5
Avg Household Size
52
Median Age
28%
College-Educated
97%
High-School Grad
51.7 sq mi
ZIP Area
53
Density / Sq Mi
$91,250
Median Household Income
$58,250
Median Earnings
$1,032
Median Rent
$199,400
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

Frequently Asked Questions

What type of property is this?
Office space - Front and rear parking supports convenient visits to this professional office property in Panora.
Where is this office space located?
The property is located at 116 E Main Street Panora, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,800 square feet of office space; Built in 1920; Front and rear parking
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved