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Updated 3-Office Commercial Building
For Sale
$78,000

204 S Franklin, Corydon, IA 50006

Commercial Sale, Corydon, IA

Property Size1,400 SF
Price / SF$55.71
Days on Market142

Property Features for 204 S Franklin

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Parking features Assigned, On Street
Directions 204 Franklin S.
Standard status Active
APN 07190F377008

Taxes and HOA fees

Tax Year 2025
Tax Description full legal to come from abstract
Tax Annual Amount 616
Legal Description full legal to come from abstract

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 1
Building materials Brick, Wood Siding
Architectural style Other
Listing Agency: Hometown Realty
Listed By: Andrea Tilley · License #***
Added: May 28 Changed: Oct 8 Last Checked: Oct 16 at 5:06AM
MLS# 6338795

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.

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Investment Insights

Based on property information with market context.

This 1,400-square-foot office building provides three separate office spaces, a front foyer and reception area, a remodeled front bathroom, and substantial storage. The property includes brick and wood siding construction, forced-air heating, and public water service. Assigned and on-street parking are available.

Extensive work completed in 2025 includes new flooring, interior paint, replacement of the front wall window, added insulation, a new furnace, central air, ductwork cleaning, and an SPF roof with white coating. Built in 1900, the building is located at 204 S Franklin in Corydon, Iowa, and carries Business/Commercial zoning.

Key Highlights

  • 1,400 SF office building with 3 office spaces
  • 2025 improvements include flooring, paint, insulation, furnace, and central air
  • SPF roof with white coating and cleaned ductwork

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Plumbing Service Auto Parts Store Furniture & Home Goods Garden Center Storage Facility (Bike/Boat/Book/etc) 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

298
Businesses Nearby

Demographics for 50006, IA

1,502
Population
755
Households
2
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
124.2 sq mi
ZIP Area
12
Density / Sq Mi
$62,188
Median Household Income
$45,524
Median Earnings
$577
Median Rent
$117,200
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible office property with reception space, storage, parking options, and Business/Commercial zoning.
Where is this office building located?
The property is located at 204 S Franklin Corydon, 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: 1,400 SF office building with 3 office spaces; 2025 improvements include flooring, paint, insulation, furnace, and central air; SPF roof with white coating and cleaned ductwork
More about this property
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