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18-Unit Apartment Building with Commercial Space
For Sale
Contact for pricing
Pending

1020 Central Ave, Fort Dodge, IA 50501

Updated building front supports a combined residential and commercial property in downtown Fort Dodge.

Property SizeContact for details
Days on Market142

Property Features for 1020 Central Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 18
Listing Agency: Kesterson Realty Inc
Listed By: Todd McCubbin · License #IA S66235000
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:13PM

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 Kesterson Realty Inc

Investment Insights

Based on property information with market context.

The property at 1020 Central Ave combines 18 apartments with 3 commercial spaces within one building. Its configuration brings residential units and commercial areas together under a single property, while the front of the building has been updated.

Situated in downtown Fort Dodge, Iowa, the building offers a centrally located mixed residential and commercial layout. The property’s apartment count, commercial-space component, downtown setting, and updated front are the primary documented features.

Key Highlights

  • 18 apartments within the building
  • 3 commercial spaces included
  • Updated front of the building

Property Analytics

Current Use

Sew Formal Clothing & Fashion Store

Suggested Use

Top Pick Restaurant Parking Lot & Garage Food Market Skin Care Clinic Cafe & Coffee Shop 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.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby

Demographics for 50501, IA

28,492
Population
13,198
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
92%
High-School Grad
152.2 sq mi
ZIP Area
187
Density / Sq Mi
$66,130
Median Household Income
$36,934
Median Earnings
$779
Median Rent
$139,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated building front supports a combined residential and commercial property in downtown Fort Dodge.
Where is this apartment building located?
The property is located at 1020 Central Ave Fort Dodge, IA.
What are key features of this property?
This property features: 18 apartments within the building; 3 commercial spaces included; Updated front of the building
(515) 571-2110 Call to check price and availability
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