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Flex Space with Heated Workshop
For Sale
$119,900

1404 Avenue M, Fort Madison, IA 52627

COMMERCIAL - Other - Fort Madison, IA

Property Size3,456 SF
Lot Size2.16 Acres
Price / SF$34.69
Days on Market350

Property Features for 1404 Avenue M

General Information

Property type Commercial Sale
Property subtype Other
Directions South on 14th Street, Corner of Avenue M and 14th Street.
Standard status Active
APN 024715044550020
Lot size 2.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description #1936 1404 AE M ATLEE BLK 4 LOTS 1-9 & VAC ALY N&ADJ&E 1/2 LOT 11, LOTS 12-18 per Lee County Assessor
Tax Annual Amount 1404
Legal Description #1936 1404 AE M ATLEE BLK 4 LOTS 1-9 & VAC ALY N&ADJ&E 1/2 LOT 11, LOTS 12-18 per Lee County Assessor

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1959
Number of units 2
Building materials Brick, Metal Siding
Architectural style Other
Listing Agency: RE/MAX Real Estate Specialists · RE/MAX International
Listed By: Denise Myers · License #475.141439
Added: Sep 5, 2025 Changed: Aug 19 Last Checked: Aug 20 at 9:06PM
MLS# 6331537

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 property includes 3,456 square feet across two connected buildings on 2.16 acres. The 2,560-square-foot main building contains two offices, two bathrooms, a shop area, and storage space. A walkway connects it to an 896-square-foot workshop with heating, insulation in the walls and ceiling, a work sink, floor drain, and lift-up door. Shelving and office furniture are included, subject to the stated closing condition.

The buildings were constructed in 1959 and feature brick and metal siding. A roof replacement was completed 2 years ago, while new air conditioning and a furnace installation with an enclosed furnace room are in process. Public water serves the property, with substantial open parcel area remaining for additional site improvements or storage uses.

Key Highlights

  • 3,456 square feet across two buildings on 2.16 acres
  • 2,560‑square‑foot main building with two offices, two bathrooms, shop area, and storage
  • 896‑square‑foot heated and insulated workshop with work sink

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop HVAC Service Real Estate Agency Big Box & Wholesale Store Pet Store Nursing Home

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

368
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52627, IA

12,350
Population
6,134
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
95%
High-School Grad
63.9 sq mi
ZIP Area
193
Density / Sq Mi
$54,864
Median Household Income
$39,058
Median Earnings
$830
Median Rent
$111,700
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
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial setup combines offices, shop space, storage, and a heated, insulated workshop.
Where is this flex space located?
The property is located at 1404 Avenue M Fort Madison, IA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 3,456 square feet across two buildings on 2.16 acres; 2,560‑square‑foot main building with two offices, two bathrooms, shop area, and storage; 896‑square‑foot heated and insulated workshop with work sink
More about this property
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