Building Details

Year built 1940

Listing Agency: NextHome TriState Realty Show Phone

Listed By: Janel Pearson · License #S64755000,PersonLicenseNumber Show Phone

Added: Aug 25 Changed: Aug 26 Last Checked: Aug 31 at 3:06AM

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MLS# 831775

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Investment Insights

Based on property information with market context.

This storefront retail property occupies a double lot and is currently used for flea-market retail. Improvements completed since the current ownership began include a central HVAC system and furnace work, along with updates to the electrical, plumbing, and drywall systems. The building dates to 1940 and includes one upstairs bathroom with a toilet and sink.

The property is located at 200 Union St in Westfield, Iowa, near Hummer, The Station, and the local post office. The sale is offered as-is, with inspections intended for buyer information. Lot details and permitted use should be confirmed with the city.

Key Highlights

• 0.34‑acre double‑lot retail property
• Currently used for flea‑market retail
• Central HVAC and furnace improvements

Property Analytics

Property Profile

Current Use

Storefront properties

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

Well-served

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Building improvements include central HVAC, electrical, plumbing, and drywall work.

Where is this storefront property 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: 0.34‑acre double‑lot retail property; Currently used for flea‑market retail; Central HVAC and furnace improvements