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Versatile Commercial Property in Perry
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Pending

1220 4th St, Perry, IA 50220

Large commercial building with ample parking and extensive interior space.

Property Size16,806 SF
Lot Size0.64 Acres
Days on Market154

Property Features for 1220 4th St

General Information

Standard status Pending
Size 16,806 SF
Lot size 0.64 Acres
Property subtype Office, Mixed Use
Zoning Commercial

Building Details

Year Built 1975
Stories 2
Listing Agency: RE/MAX Real Estate Center
Listed By: James Edwards · License #S72571000
Source: Crexi
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 11 at 3:03PM

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 RE/MAX Real Estate Center

Investment Insights

Based on property information with market context.

This versatile commercial property in Perry offers approximately 16,806 square feet. Formerly the First Baptist Church, the building features a sanctuary with seating for around 500 people. In addition to the sanctuary, the building includes numerous classrooms, office spaces, and meeting areas. The layout is well-suited for educational, community, office, or multi-use purposes, as the property was previously operated as both a church and school. The lower level includes a full kitchen and cafeteria area. The property spans three parcels totaling 0.64 acres, with approximately 0.40 acres dedicated to off-street parking. Zoned commercial, the property allows for a variety of potential uses including religious facility, private school, daycare, event venue, community center, office conversion, or redevelopment, subject to city approval. This property presents an opportunity for an investor, congregation, or organization seeking a large, adaptable commercial building with strong parking capacity and extensive interior space.

Key Highlights

  • Large, versatile commercial property with approximately 16,806 sq ft of interior space suitable for various uses.
  • Ample off‑street parking with approximately 0.40 acres dedicated to parking.
  • Zoned commercial, allowing for a variety of potential uses (subject to city approval).

Property Analytics

Current Use

First Baptist Church Church

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

317
Businesses Nearby

Demographics for 50220, IA

9,045
Population
3,925
Households
2.3
Avg Household Size
37
Median Age
17%
College-Educated
87%
High-School Grad
100.5 sq mi
ZIP Area
90
Density / Sq Mi
$68,750
Median Household Income
$38,195
Median Earnings
$883
Median Rent
$146,200
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Large commercial building with ample parking and extensive interior space.
Where is this church & religious facility located?
The property is located at 1220 4th St Perry, IA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Large, versatile commercial property with approximately 16,806 sq ft of interior space suitable for various uses.; Ample off‑street parking with approximately 0.40 acres dedicated to parking.; Zoned commercial, allowing for a variety of potential uses (subject to city approval).
(515) 802-7229 Call to check price and availability
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