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Mixed-Use Building with Service Bays

204 W Washington Street, Jefferson, IA 50129

For Sale
New
$195,000

Commercial Sale, Jefferson, IA

Property SizeContact for details
Days on Market2

Property Features for 204 W Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions From highway 4 turn east onto Washington Street.
Standard status Active
APN 1108155008

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes
Business Included Yes

Additional Details

Automotive Uses auto repair

Taxes and HOA fees

Tax Year 2025
Tax Description ORIGINAL - LOT 31 (EX W14') & ALL LOT 32 BLK 7
Tax Annual Amount 1658
Legal Description ORIGINAL - LOT 31 (EX W14') & ALL LOT 32 BLK 7

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1948
Number of units 1
Building materials Brick
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Legacy
Listed By: Nicole Uebel · License #***
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 6:06PM
MLS# 6344367

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.

Rey
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Investment Insights

Based on property information with market context.

This 1948 brick mixed-use building has 3,000 square feet of space at the front, with two separate bays at the rear. Each bay has an overhead door and alley access. One bay is used for cold storage; heating was installed there previously, while the other is used as an engine repair shop. The property also includes an established propane filling business, an owned tank, connections, and a hoist.

At 204 W Washington Street in Jefferson, the property is near downtown and Highway 4. On-street parking is available. The building has forced-air heating and public water.

Key Highlights

  • 3,000 square feet of commercial space at the front
  • Two rear bays, each with an overhead door and alley access
  • One bay used for cold storage; heating was installed previously

Property Analytics

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

Current Use

Auto shops

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency Grocery & Convenience Store Dental Office Skin Care Clinic (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.

Lease Details

1
Service bays
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

Demographics for 50129, IA

5,040
Population
2,619
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
92%
High-School Grad
165.4 sq mi
ZIP Area
30
Density / Sq Mi
$56,956
Median Household Income
$41,518
Median Earnings
$753
Median Rent
$154,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An established propane filling business, equipment, and flexible commercial space are part of the offering.
Where is this mixed-use property located?
The property is located at 204 W Washington Street Jefferson, IA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 3,000 square feet of commercial space at the front; Two rear bays, each with an overhead door and alley access; One bay used for cold storage; heating was installed previously
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