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Updated Office Building with Three Suites
For Sale
$78,000

204 S Franklin St, Corydon, IA 50060

Turn-key office building offering three office spaces with a reception foyer, remodeled bathroom, and major 2025 upgrades.

Property Size1,400 SF
Price / SF$55.71
Days on Market102

Property Features for 204 S Franklin St

General Information

Standard status Active
Size 1,400 SF

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $616

Building Details

Year Renovated 2025
Listing Agency: Hometown Realty
Listed By: Andrea Tilley · License #***
Source: Exprealty
Added: May 28 Changed: Aug 20 Last Checked: Sep 5 at 9:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hometown Realty

Investment Insights

Based on property information with market context.

This updated, turn-key commercial office building includes three office spaces, a welcoming front foyer/reception area, and a remodeled front bathroom. The layout is designed to support a range of office configurations while maintaining a clean, modern presentation. The property also provides abundant storage.

Recent improvements completed in 2025 include new flooring and paint, replacement of the front wall window, new insulation, furnace, and central air, cleaned ductwork, and an SPF roof with white coating.

With these substantial upgrades already in place, the building presents a practical option for an owner-user or an investor seeking a turn-key office property.

Key Highlights

  • Updated commercial office building with 1,400 sq. ft. and three office spaces
  • Welcoming front foyer/reception area plus remodeled front bathroom
  • Major 2025 improvements: new flooring and paint, replaced front window, and new insulation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Building Supply Plumbing Service Dental Office Storage Facility Real Estate Agency

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

3
Office units

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 50060, IA

2,581
Population
1,126
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
91%
High-School Grad
173.2 sq mi
ZIP Area
15
Density / Sq Mi
$56,779
Median Household Income
$42,070
Median Earnings
$725
Median Rent
$109,200
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?
Office units - Turn-key office building offering three office spaces with a reception foyer, remodeled bathroom, and major 2025 upgrades.
Where is this office units located?
The property is located at 204 S Franklin St 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: Updated commercial office building with 1,400 sq. ft. and three office spaces; Welcoming front foyer/reception area plus remodeled front bathroom; Major 2025 improvements: new flooring and paint, replaced front window, and new insulation
More about this property
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