Search
Retail Space with Building Updates
For Sale
$78,000

200 Union St, Westfield, IA 51062

Commercial, Westfield, IA

Property SizeContact for details
Lot Size0.34 Acres
Days on Market261

Property Features for 200 Union St

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level Lot, Trees, Other- See Comments
Elementary school Akron-Westfield
Middle school Akron-Westfield
High school Akron-Westfield
Directions Your preferred map app - 200 Union St., Westfield, IA 51062
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 08-26-310-001
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 1-2 BLK 19 WESTFIELD
Tax Annual Amount 252
Legal Description LOTS 1-2 BLK 19 WESTFIELD

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

bathroom upstairs

Building Details

Year built 1940
Listing Agency: NextHome Tri State Realty
Listed By: Janel Pearson
Added: Feb 10 Changed: Oct 28 Last Checked: Oct 29 at 1:06PM
MLS# 831775

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property occupies a 0.3444-acre double lot and is currently used for flea market sales. Improvements made after the current owner’s purchase include work to the HVAC furnace and central air system, electrical and plumbing systems, and drywall. The building dates to 1940 and has an upstairs bathroom with a toilet and sink. A shower may be feasible in the basement, subject to verification.

The property is at 200 Union St in Westfield, Iowa, with Hummer, The Station, and the Post Office identified as neighboring businesses. The sale is as-is; inspections are for the buyer’s information. Buyers should confirm lot details and proposed uses with the city.

Key Highlights

  • 0.3444‑acre double lot
  • Current flea market use
  • Updates include HVAC furnace and central air, electrical, plumbing, and drywall

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Bar & Pub

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

9
Businesses Nearby

Demographics for 51062, IA

469
Population
225
Households
2.1
Avg Household Size
50
Median Age
23%
College-Educated
82%
High-School Grad
55.8 sq mi
ZIP Area
8
Density / Sq Mi
$37,083
Median Earnings
$1,146
Median Rent
$284,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property is currently operated as a flea market, with heating, cooling, electrical, plumbing, and drywall work completed.
Where is this retail space located?
The property is located at 200 Union St Westfield, IA.
What is the asking price?
The asking price for this property is $78,000.
What are key features of this property?
This property features: 0.3444‑acre double lot; Current flea market use; Updates include HVAC furnace and central air, electrical, plumbing, and drywall
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved