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Flex Space with Detached Building
For Sale
$650,000

2040 Iowa Avenue, Onawa, IA 51040

COMMERCIAL - Other - Onawa, IA

Property SizeContact for details
Lot Size1.69 Acres
Days on Market13

Property Features for 2040 Iowa Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Open, Garage, Garage - Detached, Covered
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
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 25 at 3:06PM
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 property includes a primary all-steel building with more than 9,000 square feet arranged across office, shop, and warehouse areas. The interior program includes three private offices, a boardroom, and a reception area. A canopy exceeding 2,000 square feet adds covered area for parking, storage, loading, or work activities. A separate all-steel building of approximately 3,000 square feet provides additional enclosed space for vehicles, equipment, inventory, or operations.

The property encompasses approximately 1.69 acres at 2040 Iowa Avenue in Onawa, Iowa. It sits along a frontage road within 1 mile of Exit 112 on Interstate 29. Parking includes garage, detached garage, covered, and open options. The facility was built in 1975, uses forced-air heating, and has public water service.

Key Highlights

  • More than 9,000 square feet in the main all‑steel building
  • Approximately 3,000‑square‑foot detached all‑steel building
  • Approximately 1.69 acres at 2040 Iowa Avenue, Onawa, IA 51040

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Dental Office 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

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?
Flex space - All-steel improvements combine private offices, a boardroom, shop areas, and warehouse space.
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: More than 9,000 square feet in the main all‑steel building; Approximately 3,000‑square‑foot detached all‑steel building; Approximately 1.69 acres at 2040 Iowa Avenue, Onawa, IA 51040
More about this property
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