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Auto Shop with Tall Service Doors
For Sale
$699,000
Pending

307 Sioux Avenue, Correctionville, IA 51016

Commercial Sale, Correctionville, IA

Property Size1,100 SF
Days on Market203

Property Features for 307 Sioux Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions From the intersection of Hwy 20 and Hwy. 31 turn south onto 31 to SIoux Avenue then back towards Correctionville approximately a quarter mile on Sioux to the buiding.
Standard status Pending
APN 596910
Size 1,100 SF

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 20994

Amenities

4 extra tall doors
new concrete exterior
office
2 bathrooms
break room
kitchenette
customer seating area
waste oil heating system
propane backup heat

Building Details

Year built 2019
Listing Agency: McGuire Auction Co., Inc
Listed By: Martha Boyle · License #B35480
Added: Mar 7 Changed: Sep 25 Last Checked: Sep 26 at 7:06PM
MLS# 11669488

Copyright © 2026 My State 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.

Built in 2019, this auto shop contains 10,700 square feet, including 9,600 square feet of shop space and a 1,100-square-foot office area. Four extra-tall doors serve the work area. Office amenities include two bathrooms, a break room with kitchenette, and a customer seating area. Heating is provided by a waste-oil system, with propane available as backup. New concrete covers nearly the entire exterior.

The property sits just off the intersection of four-lane Hwy. 20 and Hwy. 31 in Correctionville, Iowa.

Key Highlights

  • 10,700‑square‑foot building constructed in 2019
  • 9,600 square feet of shop space and a 1,100‑square‑foot office
  • Four extra‑tall service doors

Property Analytics

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Current Use

Sioux Valley Auto ... Car Wash Sioux Valley Automotive Auto Repair Shop Intoxalock Ignition Interlock Building Supply

Suggested Use

Top Pick Parking Lot & Garage Dental Office Storage Facility Grocery & Convenience Store Building Supply Catering 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.

Lease Details

4
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Correctionville Shops & Services
13,973 visits/mo 0.2 miles
Dollar General Shops & Services
4,434 visits/mo 0.2 miles
Sinclair Shops & Services
3,264 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
440 visits/mo 0.4 miles

Demographics for 51016, IA

1,361
Population
484
Households
2.8
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
104.8 sq mi
ZIP Area
13
Density / Sq Mi
$52,813
Median Household Income
$39,194
Median Earnings
$925
Median Rent
$88,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • K & J Automotive Repair — 213 ironwood st, correctionville, ia 51016
  • Pinnacle Performance LLC — 816 Driftwood St, Correctionville, IA 51016
  • Sioux Valley Automotive — 307 Sioux Ave, Correctionville, IA 51016

Frequently Asked Questions

What type of property is this?
Auto shop - A substantial repair area is complemented by dedicated offices, two bathrooms, a kitchenette, and customer seating.
Where is this auto shop located?
The property is located at 307 Sioux Avenue Correctionville, IA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 10,700‑square‑foot building constructed in 2019; 9,600 square feet of shop space and a 1,100‑square‑foot office; Four extra‑tall service doors
More about this property
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