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Retail Property with Showroom
For Sale
$295,000

20 W 2ND ST, Kingsley, IA 51028

Commercial, Kingsley, IA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market150

Property Features for 20 W 2ND ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 19149-27-30-128-043
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lots 25&26 Blk 8 Kinglsey, Lot 24 Blk 8 Kingsley, W PT Lots 1-3 Blk 8 Kingsley
Tax Annual Amount 8550
Legal Description Lots 25&26 Blk 8 Kinglsey, Lot 24 Blk 8 Kingsley, W PT Lots 1-3 Blk 8 Kingsley

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

freight elevator
utility room
bathroom

Building Details

Year built 1920
Roof type Metal
Listing Agency: Keller Williams Okoboji · Keller Williams Realty
Listed By: Tonya Vakulskas · License #B4492000
Added: May 11 Changed: Oct 7 Last Checked: Oct 7 at 8:06PM
MLS# 832920

Copyright © 2026 Northwest 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.

The retail property at 20 W 2nd St in Kingsley comprises three parcels, including two commercial buildings and a separate lot. The hardware store, built in 1920, has a freight elevator serving its basement, a metal roof installed in 2020, and an interior reconfiguration completed in 2024. Heating is forced air, with central air conditioning. A second building, constructed in 2022, measures 42' x 68' and serves as an appliance showroom and storage facility. It is insulated and sheetrocked, with a utility room, bathroom, and an attached 14' x 24' garage.

The additional lot includes a lean-to and fenced storage area. Included equipment includes a 4,000 lb Daewoo forklift, a 2015 Chevrolet 4-wheel-drive truck with lift, an Aluma delivery trailer, appliance carts, and a paint matching system. Inventory is not included in the property sale and would transfer separately through a bill of sale.

Key Highlights

  • Three parcels include two commercial buildings and a separate lot
  • 1920 hardware store has a freight elevator, metal roof installed in 2020, and interior work completed in 2024
  • 2022 showroom and storage building measures 42' x 68'; attached garage measures 14' x 24'

Property Analytics

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Current Use

Clark's Hardware LLC Big Box & Wholesale Store UPS Authorized Shipping ... Courier Service

Suggested Use

Top Pick HVAC Service Auto Parts Store Plumbing Service Grocery & Convenience Store Furniture & Home Goods Pharmacy

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

Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 51028, IA

2,058
Population
953
Households
2.2
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
17
Density / Sq Mi
$74,655
Median Household Income
$50,793
Median Earnings
$689
Median Rent
$195,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A separate insulated building provides appliance display, storage, and attached garage space.
Where is this retail space located?
The property is located at 20 W 2ND ST Kingsley, IA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three parcels include two commercial buildings and a separate lot; 1920 hardware store has a freight elevator, metal roof installed in 2020, and interior work completed in 2024; 2022 showroom and storage building measures 42' x 68'; attached garage measures 14' x 24'
More about this property
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