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Flex Space with Geothermal HVAC
For Sale
$550,000

1801 Grove Avenue, Corning, IA 50841

COMMERCIAL - Other - Corning, IA

Property Size10,900 SF
Lot Size4.10 Acres
Price / SF$50.46
Days on Market432

Property Features for 1801 Grove Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage
Basement Concrete
Accessibility Accessible Approach with Ramp
Appliances Refrigerator
Subdivision CLARKS ADD
Directions See map
Standard status Active
APN 3747100
Lot size 4.10 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description LOTS 1 - 11 BLK 3 & BLOCK 1 CLARKS ADD
Tax Annual Amount 11020
Legal Description LOTS 1 - 11 BLK 3 & BLOCK 1 CLARKS ADD

Utilities

Heating system Geothermal (Heating)
Cooling system Geothermal
Water source Public

Amenities

conference room
kitchenette/break area
outdoor wash bay
fireproof vault room

Building Details

Year built 2000
Number of units 1
Flooring type Drainage, Carpet, Heavy duty, Concrete
Building materials Concrete, Frame, Steel Siding, Brick, Metal Siding
Roof type Metal
Architectural style Other
Listing Agency: Liberty Realty
Listed By: Jamie McManis · License #***
Added: Jun 7, 2025 Changed: Aug 4 Last Checked: Aug 12 at 3:06PM
MLS# 6328453

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 space offering combines finished office space with heated industrial and shop facilities, supported by geothermal HVAC. The property includes a main office building with central heating and cooling, three private offices, an executive conference room with kitchenette/break area, two restrooms, and a fully encased concrete fireproof vault room. The main shop is heated with in-floor radiant system and includes steel frame construction with reinforced concrete flooring, metal-lined interior, and an insulated structure. Oversized power overhead doors (12' x14') support large equipment access.

The workman's shop addition adds additional office space, a meeting room, a restroom, a heated workshop bay, and a large cold storage area. Outdoor utilities and operations are supported by an outdoor wash bay with drain and extensive concrete parking, including drive-through space on a paved and graveled lot. The site is 4.1 acres +/- with a reinforced concrete and additional graveled rear lot. Geothermal HVAC and public water are included, and the roof is metal. The property was built in 2000 and features an accessible approach with ramp.

Key Highlights

  • 4.1 acres +/- on the edge of Corning with access right off Highway 148
  • Over 10,000+ SF of flex space with finished office and heated shop areas
  • Geothermal HVAC with in‑floor radiant heating in the main shop

Property Analytics

Current Use

Southwest Iowa Rural ... Electric Utility Company

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage HVAC Service Law Firm Building Supply

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50841, IA

2,652
Population
1,366
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
228.4 sq mi
ZIP Area
12
Density / Sq Mi
$70,881
Median Household Income
$42,650
Median Earnings
$753
Median Rent
$116,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with geothermal heating and cooling, heated shop areas, and an outdoor wash bay with drain.
Where is this flex space located?
The property is located at 1801 Grove Avenue Corning, IA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4.1 acres +/- on the edge of Corning with access right off Highway 148; Over 10,000+ SF of flex space with finished office and heated shop areas; Geothermal HVAC with in‑floor radiant heating in the main shop
More about this property
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