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Flex Space with Finished Office
For Sale
$230,000

301 N Wheeler, Montezuma, IA 50171

COMMERCIAL - Other - Montezuma, IA

Property Size4,000 SF
Price / SF$57.50
Days on Market170

Property Features for 301 N Wheeler

General Information

Property type Commercial Sale
Property subtype Other
Directions Google Map
Standard status Active
APN 1421200

Taxes and HOA fees

Tax Year 2024
Tax Description Wilson 4th W 1/2 Lot 1 and 2 block 15
Tax Annual Amount 898
Legal Description Wilson 4th W 1/2 Lot 1 and 2 block 15

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1977
Number of units 1
Building materials Metal Siding
Architectural style Other
Listing Agency: McNaul Real Estate Inc
Listed By: Karen McNaul
Added: Mar 4 Changed: Aug 19 Last Checked: Aug 21 at 3:06AM
MLS# 6336059

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.

Investment Insights

Based on property information with market context.

This flex-space property at 301 N Wheeler provides 4,000 square feet within a metal-sided commercial building constructed in 1977. Approximately 1,000 square feet is finished for office use, with forced-air heat, a bathroom, and a floor drain. The balance offers additional functional area for storage or business operations.

Public water serves the property, which sits on the edge of Montezuma. The combination of finished office space and larger utility area supports a range of commercial configurations while retaining the building’s practical storage capacity.

Key Highlights

  • 4,000 square feet of total building area
  • Approximately 1,000 square feet of finished space
  • Heated office area with bathroom

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50171, IA

2,703
Population
1,592
Households
1.7
Avg Household Size
47
Median Age
17%
College-Educated
96%
High-School Grad
109.8 sq mi
ZIP Area
25
Density / Sq Mi
$55,944
Median Household Income
$42,356
Median Earnings
$822
Median Rent
$188,700
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
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Frequently Asked Questions

What type of property is this?
Flex space - Metal-sided commercial building with heated office, restroom, and utility features for storage or business operations.
Where is this flex space located?
The property is located at 301 N Wheeler Montezuma, IA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 4,000 square feet of total building area; Approximately 1,000 square feet of finished space; Heated office area with bathroom
More about this property
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