Search
Steel Flex Commercial Facility
For Sale
$650,000

2040 Iowa Avenue, Onawa, IA 51040

Commercial Sale, Onawa, IA

Property SizeContact for details
Lot Size1.69 Acres
Days on Market47

Property Features for 2040 Iowa Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Covered, Open, Garage, Garage - Detached
Directions GPS
Standard status Active
APN 834505325014
Lot size 1.69 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 05-83-45 PT NW SW (241' X 305.2')
Tax Annual Amount 3678
Legal Description 05-83-45 PT NW SW (241' X 305.2')

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1975
Number of units 1
Building materials Metal Siding
Architectural style Other
Listing Agency: McCall Auctions & Real Estate
Listed By: Brent McCall · License #61367000
Added: Aug 13 Changed: Sep 17 Last Checked: Sep 28 at 4:06AM
MLS# 6341558

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.

Investment Insights

Based on property information with market context.

This flex space property includes a substantial all-steel main building with more than 9,000 square feet of combined office, shop, and warehouse area. The interior layout provides three private offices, a boardroom, reception area, and operational space for storage, production, or business support. A canopy measuring more than 2,000 square feet adds covered parking, loading, equipment storage, or workspace. A separate all-steel building of approximately 3,000 square feet provides additional room for vehicles, inventory, equipment, or expansion.

The property occupies approximately 1.69 acres at 2040 Iowa Avenue in Onawa, Iowa, along a frontage road and within 1 mile of Exit 112 on Interstate 29. Covered, open, garage, and detached garage parking features are included. Public water serves the property, which was built in 1975 and uses forced-air heating. The configuration supports contractor, service, manufacturing, distribution, agricultural, and equipment-oriented operations.

Key Highlights

  • >9,000 square feet of office, shop, and warehouse space in the main building
  • Approximately 1.69 acres at 2040 Iowa Avenue, Onawa, IA 51040
  • Within 1 mile of Exit 112 of Interstate 29

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Law Firm Building Supply Kitchen & Bath Showroom

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
Balanced
Demand for This Use

Demographics for 51040, IA

3,537
Population
1,677
Households
2.1
Avg Household Size
43
Median Age
18%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
27
Density / Sq Mi
$60,642
Median Household Income
$38,628
Median Earnings
$828
Median Rent
$140,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Multi-building commercial property with office, shop, warehouse, and covered work areas on a substantial parcel.
Where is this flex space located?
The property is located at 2040 Iowa Avenue Onawa, IA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: >9,000 square feet of office, shop, and warehouse space in the main building; Approximately 1.69 acres at 2040 Iowa Avenue, Onawa, IA 51040; Within 1 mile of Exit 112 of Interstate 29
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