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Office Building With Elevator
New
For Sale
$779,000

120 E Main, Washington, IA 52353

The building combines occupied office space with a substantial suite suited to owner use or separate leasing.

Property Size8,800 SF
Price / SF$87.65
Days on Market2

Property Features for 120 E Main

General Information

Standard status Active
Size 8,800 SF
Elevators Yes
Property subtype Commercial
Zoning commercial

Taxes and HOA fees

Annual Taxes $12,500

Amenities

ADT security system with keycard access
Carpet,Other
Elevator,ZeroStepEntry
66 x 132
0.2
Paved

Building Details

Year Built 1952
Year Renovated 2022
Buildings 1
Building Size 8,800 SF
Tenancy Multi
Listing Agency: Skogman Realty Co.
Listed By: Jerome Edwards
Source: Pinnaclerealtyia
Added: Oct 1 Last Checked: Oct 1 at 2:12PM

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 Skogman Realty Co.

Investment Insights

Based on property information with market context.

This commercial-zoned office property at 120 E Main in Washington, Iowa, has 8,888 square feet of building area and was reconstructed in 2022. Multiple tenants occupy the building, which also includes a main-level suite of nearly 4,000 square feet. That suite is arranged with 11 private offices, a conference room, a full kitchen, and two private restrooms. An elevator, keycard-access security system, and zero-step entry are among the building features. The property was built in 1952, and the parcel measures 0.2 acres.

The main-level suite can accommodate a single occupant or be divided into smaller offices. The combination of existing tenancies and a separately usable suite offers several ways to configure the office space.

Key Highlights

  • Reconstruction completed in 2022
  • 8,888 square feet of office space on a 0.2‑acre parcel
  • Main‑level suite of nearly 4,000 square feet with 11 private offices

Property Analytics

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Current Use

The Joy of Music Vocational School Main Street Washington Charitable Organization Washington Economic Development ... Charitable Organization Washington County Riverboat ... Charitable Organization Randy Swift Guitar ... Tutoring Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Skin Care Clinic Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The building combines occupied office space with a substantial suite suited to owner use or separate leasing.
Where is this office building located?
The property is located at 120 E Main Washington, IA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Reconstruction completed in 2022; 8,888 square feet of office space on a 0.2‑acre parcel; Main‑level suite of nearly 4,000 square feet with 11 private offices
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