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Remodeled Storefront Building
For Sale
Contact for pricing
Pending

232 W Second St, Madrid, IA 50156

Flexible commercial layout with customer-facing space, private offices, support areas, and rear outdoor improvements.

Property SizeContact for details
Days on Market142

Property Features for 232 W Second St

General Information

Standard status Pending
Property subtype Retail

Amenities

Large Front Room
Two Office Rooms
Kitchenette
Bathroom
Concrete Patio
Basement
a/c

Building Details

Buildings 1
Listing Agency: Keller Williams Des Moines
Listed By: Aaron Ackerlund · License #IA S64346000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:17PM

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 Keller Williams Des Moines

Investment Insights

Based on property information with market context.

This storefront property in downtown Madrid offers a practical layout for retail or office use. The interior includes a spacious front room, two separate office rooms, a kitchenette, and a bathroom, with a basement providing additional storage.

Recent improvements include a new roof, drywall and insulation, windows and doors, flooring, paint, air conditioning, plumbing, and tuckpointed brickwork. The property also includes a concrete patio at the rear, adding usable outdoor space to the building. Located at 232 W Second St, the asset combines a customer-oriented front area with dedicated workspaces and essential support areas.

Key Highlights

  • Storefront property at 232 W Second St in downtown Madrid
  • Large front room supported by two office rooms
  • Kitchenette and bathroom included

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Spa & Massage Center Electrical Service

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

203
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50156, IA

4,662
Population
1,896
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
88.5 sq mi
ZIP Area
53
Density / Sq Mi
$97,298
Median Household Income
$53,350
Median Earnings
$865
Median Rent
$219,500
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Jean Effect Floral & Event Planning 912 S Kennedy Ave Suite B, Madrid, IA 50156
  • Bouquets by Beth W 2nd St, Madrid, IA 50156

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial layout with customer-facing space, private offices, support areas, and rear outdoor improvements.
Where is this storefront property located?
The property is located at 232 W Second St Madrid, IA.
What are key features of this property?
This property features: Storefront property at 232 W Second St in downtown Madrid; Large front room supported by two office rooms; Kitchenette and bathroom included
More about this property
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