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Flex Space with Drive-Through Access
New
For Lease
$140,000

207 N Main St, Rake, IA 50465

A heated office, work area, cold storage, and separate storage buildings offer a range of functional spaces.

Space SizeContact for details
Property Size4,000 SF
Days on Market6

Property Features for 207 N Main St

General Information

Standard status Active
Size 4,000 SF

Warehouse & Industrial

Drive-In Doors 2
Cold Storage Yes

Taxes and HOA fees

Annual Taxes $2,026

Building Details

Building Size 4,000 SF
Listing Agency: Realty ONE Group Black Diamond
Listed By: Marisa Koppen · License #***
Source: Exprealty
Added: Oct 20 Changed: Oct 24 Last Checked: Oct 24 at 2:39PM

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 Realty ONE Group Black Diamond

Rey
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Investment Insights

Based on property information with market context.

This flex property at 207 N Main St in Rake includes a 50' x 80' main building with a heated office, additional workspace, and an open area. Overhead doors at both ends provide drive-through access. The balance of the main building is used for cold storage. A separate 20' x 40' steel shed has an overhead door, and a detached double garage sits on the east side with alley access.

A fourth building on the parcel was constructed and is owned by the United States Postal Service. The land lease for that building runs through August 2027.

Key Highlights

  • 50' x 80' main building with heated office and additional workspace
  • Overhead doors at both ends of the main building allow drive‑through access
  • Cold storage occupies the remaining portion of the main building

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Nail Salon Fish Market Food Market Spa & Massage Center Restaurant

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

2
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 50465, IA

201
Population
101
Households
2
Avg Household Size
48
Median Age
21%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
61
Density / Sq Mi
$41,071
Median Household Income
$22,813
Median Earnings
$792
Median Rent
$34,200
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?
Flex space - A heated office, work area, cold storage, and separate storage buildings offer a range of functional spaces.
Where is this flex space located?
The property is located at 207 N Main St Rake, IA.
What is the lease rate?
The lease rate is $140,000.
What are key features of this property?
This property features: 50' x 80' main building with heated office and additional workspace; Overhead doors at both ends of the main building allow drive‑through access; Cold storage occupies the remaining portion of the main building
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