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Flex Space With Attached Office
For Sale
$169,000
Pending

232 Main Street, Otho, IA 50569

Commercial Sale, Otho, IA

Property Size3,008 SF
Lot Size0.18 Acres
Days on Market76

Property Features for 232 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Please use GPS
Subdivision Otho
Standard status Pending
Size 3,008 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 3162

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2013
Floors in Building 1
Flooring type Concrete
Building materials Concrete, Wood
Roof type Metal
Listing Agency: RE/MAX REAL ESTATE CENTER · RE/MAX International
Listed By: Tyler & Associates · License #S67678
Added: Jun 30 Changed: Sep 11 Last Checked: Sep 13 at 3:06PM
MLS# 70599

Copyright © 2026 Central Iowa Board of Realtors, Inc. 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.

Built in 2013, this commercial flex property combines a shop area with an attached climate-controlled office. The building includes two overhead doors, a separate walk-in door, and a bathroom within the shop area. Concrete construction and flooring support practical storage and work functions, while forced-air natural gas heat and central air serve the building.

The property encompasses 0.18 acres in Otho, Iowa, with Commercial zoning and public water and sewer. A metal roof completes the improvements. The configuration provides a combination of enclosed work or storage space and finished office area for a range of commercial operations supported by the existing layout.

Key Highlights

  • Flex property with attached climate‑controlled office
  • Two overhead doors plus one walk‑in door
  • Bathroom located within the shop area

Property Analytics

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Current Use

Spring Valley Roofing ... Roofing Company

Suggested Use

Top Pick Building Supply Hair Salon Nail Salon Spa & Massage Center Wine and Liquor 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.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50569, IA

727
Population
318
Households
2.3
Avg Household Size
50
Median Age
15%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
35
Density / Sq Mi
$46,406
Median Household Income
$45,139
Median Earnings
$658
Median Rent
$86,000
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
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building combining climate-controlled office space with shop storage, overhead access, and a dedicated restroom.
Where is this flex space located?
The property is located at 232 Main Street Otho, IA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Flex property with attached climate‑controlled office; Two overhead doors plus one walk‑in door; Bathroom located within the shop area
More about this property
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