Building Details

Year Built 2024

Listing Agency: Keller Williams Legacy Group d***@pinnaclerealtyia.com Show Phone

Listed By: Delmar Yoder Show Phone

Source: Pinnaclerealtyia

Added: Jun 16 Changed: Aug 16 Last Checked: Aug 16 at 3:36AM

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Investment Insights

Based on property information with market context.

Built in 2024, this 2,000-square-foot flex/industrial building in Ely, Iowa is designed for practical day-to-day operations. The structure features 2x6 construction, a slab, and a metal roof with metal interior finishes and wooden stained beams. Large window areas add daylight, and the building includes central air and a furnace. Electrical service is 200 amps, with extra outlets throughout, plus a professional wash sink for hands-on work needs. There are two covered porches and two commercial door entrances, one in back and one in the front, offering straightforward access for staff and equipment.

The property sits on the bike path and is across from Ely City Park. The city has plans to pave the continuation of Main St., and a renovation is scheduled to be completed in spring 2027. Parking is described as parallel parking, similar to what is available on Traer St.

With direct front and rear commercial entrances, robust electrical capacity, HVAC comfort, and a built-in wash sink, the building can fit a range of flex uses where exposure and usable interior workspace matter. The configuration and construction details support businesses looking for a newer facility with straightforward access and dependable building systems.

Key Highlights

• Approximately 2,000 SF newer‑built flex/industrial building built in 2024 in Ely, IA
• 200‑amp electrical service, with central air and furnace for year‑round comfort
• Metal interior with wooden stained beams, plus concrete slab‑on‑grade flooring and extra electrical outlets

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Hair Salon Electrical Service Big Box & Wholesale Store

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

92

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 52227, IA

3,089

Population

1,121

Households

2.8

Avg Household Size

37

Median Age

36%

College-Educated

97%

High-School Grad

29.4 sq mi

ZIP Area

105

Density / Sq Mi

$111,000

Median Household Income

$55,861

Median Earnings

$973

Median Rent

$299,600

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

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Frequently Asked Questions

What type of property is this?

Flex space - Newer-built flex/industrial space with central HVAC, 200-amp power, and two commercial entrances for business operations.

Where is this flex space located?

The property is located at 1660 Main St Ely, IA.

What is the asking price?

The asking price for this property is $388,800.

What are key features of this property?

This property features: Approximately 2,000 SF newer‑built flex/industrial building built in 2024 in Ely, IA; 200‑amp electrical service, with central air and furnace for year‑round comfort; Metal interior with wooden stained beams, plus concrete slab‑on‑grade flooring and extra electrical outlets