Prime Commercial Property on 1st
For Sale
$225,000
1640 1st Street W, Independence, IA 50644
SINGLE_FAMILY - Independence, IA
Property Size2,820 SF
Lot Size0.72 Acres
Price / SF$79.79
Days on Market146
Property Features for 1640 1st Street W
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-2
Directions
1st St. West between 16th & 17th Ave. N.W.
Standard status
Active
APN
0633452003
Size
2,820 SF
Lot size
0.72 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Rush Park Blk 2 Lots 9-10-11-12-13 Exc N6.75'
Tax Annual Amount
6308
Legal Description
Rush Park Blk 2 Lots 9-10-11-12-13 Exc N6.75'
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1976
Roof type
Composition
Listing Agency:
RE/MAX Independence Realty · RE/MAX International
(319) 334-5703
Listed By:
Curt Martin · License #B56021000
(563) 920-8212
Added: Mar 24
Changed: Jun 3
Last Checked: Aug 16 at 8:06PM
MLS# 20261137
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.
Investment Insights
Based on property information with market context.
This 2820 square foot commercial building is located 1.5 miles from Highway 20. Zoned C-2, the property allows for a wide range of commercial uses. The building features a spacious interior. Its location on 1st Street West ensures visibility and easy access. The property includes two 12,200 square foot concrete parking lots. Neighboring businesses include Subway, Advance Auto Parts, Dollar General, Pizza Ranch, and Super 8 Motel. It is also situated in close proximity to the Independence Community Schools campus. The lot size is 0.723 acres.
Key Highlights
- Prime commercial real estate location on highly traveled 1st Street West with excellent visibility.
- Zoned C‑2, allowing for a wide range of commercial uses.
- Two large concrete parking lots, each measuring 12,200 square feet.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - 2820 SF commercial building with ample parking near Highway 20.
Where is this storefront property located?
The property is located at 1640 1st Street 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.; Zoned C‑2, allowing for a wide range of commercial uses.; Two large concrete parking lots, each measuring 12,200 square feet.
