Flex Space with Drive-Through
New
For Sale
$140,000
207 N Main Street, Rake, IA 50465
Commercial Sale, Rake, IA
Property SizeContact for details
Lot Size0.64 Acres
Days on Market4
Property Features for 207 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
RAKE ORIGINAL TOWN
Directions
Off main in Rake
Standard status
Active
APN
0116204001
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
16 100 26 L 8 THRU 15 BLK 1
Tax Annual Amount
2026
Legal Description
16 100 26 L 8 THRU 15 BLK 1
Utilities
Heating system
Forced Air
Building Details
Year built
2003
Number of units
1
Building materials
Metal Siding
Architectural style
Other
Listing Agency:
Realty ONE Group Black Diamond
(641) 592-2665
Listed By:
Marisa Koppen
(641) 590-0465
Added: Oct 20
Last Checked: Oct 23 at 5:06AM
MLS# 6343839
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.
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Investment Insights
Based on property information with market context.
At 207 N Main Street in Rake, this flex property includes a 50-by-80-foot main building with a heated office, additional workspace, and an open area. Overhead doors at opposite ends provide a drive-through route, while the rest of the building serves as cold storage. A separate 20-by-40-foot steel shed has an overhead door, and a detached double garage is positioned on the east side with alley access.
The parcel encompasses 0.64 acres. A fourth building on the property was constructed and is owned by the United States Postal Service; a land lease for that building is in place through August 2027.
The parcel encompasses 0.64 acres. A fourth building on the property was constructed and is owned by the United States Postal Service; a land lease for that building is in place through August 2027.
Key Highlights
- 50' x 80' main building with heated office, workspace, open area, and cold storage
- Overhead doors on opposite ends of the main building allow drive‑through access
- Separate 20' x 40' steel shed with overhead door
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The multi-building property combines a heated office, work area, cold storage, a steel shed, and a detached double garage.
Where is this flex space located?
The property is located at 207 N Main Street Rake, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 50' x 80' main building with heated office, workspace, open area, and cold storage; Overhead doors on opposite ends of the main building allow drive‑through access; Separate 20' x 40' steel shed with overhead door
