Prime Commercial Building For
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1640 1st St W, Independence, IA 50644
2820 SF commercial building near Highway 20.
Property Size2,820 SF
Price / SF$79.79
Days on Market146
Property Features for 1640 1st St W
General Information
Standard status
Active
Size
2,820 SF
Property subtype
Retail
Zoning
C2
Building Details
Year Built
1976
Buildings
1
Stories
1
Units
1
Listing Agency:
Re/Max Independence Realty
(319) 334-5703
Listed By:
Curt Martin · License #IA B56021000
Source:
Crexi
Added: Mar 24
Changed: Aug 14
Last Checked: Aug 14 at 6:31AM
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 Independence Realty
Investment Insights
Based on property information with market context.
This 2820 square foot commercial building is located approximately 1.5 miles from Highway 20. Zoned C-2, the property allows for a wide range of commercial uses. Most recently, the building housed a restaurant. The interior provides ample space to accommodate various business ventures. Situated on 1st Street West, the location offers visibility and accessibility. The property includes two concrete parking lots, each measuring 12,200 square feet. Neighboring businesses include Subway, Advance Auto Parts, Dollar General, Pizza Ranch, and Super 8 Motel. It is also located near the Independence Community Schools campus, making it suitable for businesses catering to families, students and the broader community.
Key Highlights
- Prime commercial real estate location on highly traveled 1st Street West with excellent visibility and easy access.
- Zoned C‑2, allowing for a wide range of commercial uses.
- Two large concrete parking lots, each measuring 12,200 square feet, providing ample parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 20%
Electronics 3%
Casey's
Shops & Services
7,525 visits/mo
0.2 miles
Dollar General
Shops & Services
4,292 visits/mo
0.1 miles
SUBWAY
Dining
3,608 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,298 visits/mo
0.2 miles
Verizon
Electronics
626 visits/mo
0.2 miles
Demographics for 50644, IA
8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 2820 SF commercial building near Highway 20.
Where is this retail space located?
The property is located at 1640 1st St W Independence, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Prime commercial real estate location on highly traveled 1st Street West with excellent visibility and easy access.; Zoned C‑2, allowing for a wide range of commercial uses.; Two large concrete parking lots, each measuring 12,200 square feet, providing ample parking.
