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Office Building With Finished Basement
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2303 8Th Avenue E, University Park, IA 52595

Updated main-floor finishes and a walk-out basement support flexible office layouts.

Property SizeContact for details
Days on Market9

Property Features for 2303 8Th Avenue E

General Information

Standard status Active
Total Parking Spaces 17
Property subtype Retail, Office

Additional Details

Furnished Yes
Office Units 2

Building Details

Year Built 1974
Buildings 1
Units 3
Tenancy Multi
Listing Agency: RE/MAX Pride Oskalossa
Listed By: John Carter · License #IA B61335000
Source: Crexi
Added: Jul 31 Changed: Aug 5 Last Checked: Aug 5 at 6:23AM

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 RE/MAX Pride Oskalossa

Investment Insights

Based on property information with market context.

This office building, constructed in 1974, has received substantial main-floor updates, including new flooring, paint, restroom improvements, lighting, doors, and trim. The upper level is arranged as two sizable office units that can also function together. One includes a reception area, two classroom-sized rooms, two restrooms, and a large storage closet. The other offers reception space, a large room suitable for division, two restrooms, and three private offices.

A finished walk-out basement provides additional divided space for office use. The property also includes a fenced lot, adding secure exterior area to the overall configuration. The combination of renovated common areas, multiple existing layouts, and basement space provides a range of practical office configurations.

Key Highlights

  • Main‑floor updates include flooring, paint, restrooms, lighting, doors, and trim
  • Two large upstairs office units with separate reception areas and restrooms
  • Unit 1 includes 2 classroom‑sized rooms and a large storage closet

Property Analytics

Current Use

Kids' Corner Child ... Daycare Center

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Kitchen & Bath Showroom Hair Salon Grocery & Convenience 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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 52595, IA

428
Population
268
Households
1.6
Avg Household Size
33
Median Age
20%
College-Educated
91%
High-School Grad
0.5 sq mi
ZIP Area
856
Density / Sq Mi
$63,125
Median Household Income
$37,961
Median Earnings
$731
Median Rent
$88,900
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
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Frequently Asked Questions

What type of property is this?
Office building - Updated main-floor finishes and a walk-out basement support flexible office layouts.
Where is this office building located?
The property is located at 2303 8Th Avenue E University Park, IA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Main‑floor updates include flooring, paint, restrooms, lighting, doors, and trim; Two large upstairs office units with separate reception areas and restrooms; Unit 1 includes 2 classroom‑sized rooms and a large storage closet
More about this property
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