Office Building with Separate
306 Main Street, Royal, IA 51357
For Sale
$140,000
A divided layout includes vacant office space alongside a separately metered, leased suite.
Property Size4,900 SF
Price / SF$28.57
Days on Market338
Property Features for 306 Main Street
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Office Units
Tenant in Place
Property Use
Amenities
Kitchen Area
Restrooms
Security System
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
EXIT Realty Midwest- Spencer/Emmetsburg
(712) 580-3948
Listed By:
Kelly Pullen
(712) 240-0382
Source:
Lakelandrealtyofiowa
Added: Dec 12, 2025
Changed: Nov 13
Last Checked: Nov 13 at 2:04AM
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 EXIT Realty Midwest- Spencer/Emmetsburg
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Investment Insights
Based on property information with market context.
The 4,900-square-foot office building is divided into two separately metered spaces. One 3,610-square-foot suite is unleased and contains 12 rooms, a kitchen, and two restrooms. The other suite measures 1,290 square feet and is leased to the United States Postal Service for five years.
Built in 1994, the property has alley access and parking. The building is offered in as-is condition, and its roof was replaced last year with a transferable 25-year warranty.
Built in 1994, the property has alley access and parking. The building is offered in as-is condition, and its roof was replaced last year with a transferable 25-year warranty.
Key Highlights
- 3,610‑square‑foot unleased office suite with 12 rooms, a kitchen, and 2 restrooms
- 1,290‑square‑foot suite leased to the United States Postal Service for 5 yrs
- Two separately metered spaces within a 4,900 sq ft building
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
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Business Placement
Demographics for 51357, IA
611
Population
370
Households
1.7
Avg Household Size
41
Median Age
21%
College-Educated
96%
High-School Grad
37.3 sq mi
ZIP Area
16
Density / Sq Mi
$72,344
Median Household Income
$32,443
Median Earnings
$785
Median Rent
$121,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A divided layout includes vacant office space alongside a separately metered, leased suite.
Where is this office building located?
The property is located at 306 Main Street Royal, 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: 3,610‑square‑foot unleased office suite with 12 rooms, a kitchen, and 2 restrooms; 1,290‑square‑foot suite leased to the United States Postal Service for 5 yrs; Two separately metered spaces within a 4,900 sq ft building
