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Flex Space with Heated Shop
New
For Sale
$235,000

1405 21st Avenue, Eldora, IA 50627

Commercial Sale, Eldora, IA

Property SizeContact for details
Lot Size1.40 Acres
Days on Market2

Property Features for 1405 21st Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Mixed
Directions South of Eldora. Shop building says "Gehrke" on the exterior.
Standard status Active
APN 871918228003
Lot size 1.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 3 Parcels: GREEF'S ADD-LOTS 1, 2 & 7, BLOCK 3 & ALLEY ADJ GREEF'S ADD-LOTS 3-4 BLOCK 3 & E 1/2 ALLEY ADJ. GREEF'S ADD-LOTS 5-6 BLOCK 3 & W1/2 ALLEY ADJ.
Tax Annual Amount 2090
Legal Description 3 Parcels: GREEF'S ADD-LOTS 1, 2 & 7, BLOCK 3 & ALLEY ADJ GREEF'S ADD-LOTS 3-4 BLOCK 3 & E 1/2 ALLEY ADJ. GREEF'S ADD-LOTS 5-6 BLOCK 3 & W1/2 ALLEY ADJ.

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Multi Units

Building Details

Year built 1960
Flooring type Concrete
Roof type Metal
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Oct 29 Last Checked: Oct 30 at 3:06PM
MLS# 20265303

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property combines approximately 6,953 square feet of building and shop area with 1,313 square feet dedicated to offices and a breakroom. The shop is heated and has concrete flooring, while mini-split units serve the office area. Three garage doors provide access, with clearances of approximately 11 feet and 12 feet.

The site encompasses approximately 1.4 acres and includes a gravel lot. Mixed zoning, water availability, and public sewer are also noted.

Key Highlights

  • Approximately 6,953 square feet of building and shop space, plus 1,313 square feet of office and breakroom area
  • Approximately 1.4‑acre site with a gravel lot
  • Heated shop with concrete floors and three garage doors

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Gehrke Inc General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Auto Repair Shop

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

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50627, IA

3,367
Population
1,598
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
105.5 sq mi
ZIP Area
32
Density / Sq Mi
$71,357
Median Household Income
$41,635
Median Earnings
$730
Median Rent
$122,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A heated shop is paired with dedicated office and breakroom space for a range of commercial operations.
Where is this flex space located?
The property is located at 1405 21st Avenue Eldora, IA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Approximately 6,953 square feet of building and shop space, plus 1,313 square feet of office and breakroom area; Approximately 1.4‑acre site with a gravel lot; Heated shop with concrete floors and three garage doors
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