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Office Building with Reception Area
For Sale
$39,000

308 3Rd Street N, Swea City, IA 50590

Commercial Sale, Swea City, IA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market765

Property Features for 308 3Rd Street N

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions Use GPS.
Standard status Active
APN 06-19-229-007
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description LOTS 15-16 BLK 6 O P
Tax Annual Amount 792
Legal Description LOTS 15-16 BLK 6 O P

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1976
Number of units 1
Building materials Frame, Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: EXIT Realty Home/Land Properties
Listed By: Betty Kunkel · License #***
Added: Aug 12, 2024 Changed: Sep 7 Last Checked: Sep 15 at 1:06PM
MLS# 6320237

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 office property in Swea City occupies a 0.12-acre site and was constructed in 1976. The layout includes an entry and reception area, two private offices, an open gathering area, a half bath, and a storage room. Frame construction with vinyl siding is complemented by a shingle roof, forced-air heat, central air, and public water service.

The property is located at 308 3rd Street N and offers on-street parking. The sale is subject to the tenant’s lease agreement, providing an existing occupancy arrangement for the next owner.

Key Highlights

  • Office building at 308 3rd Street N, Swea City, IA 50590
  • 0.12‑acre site with a 1976 building
  • Two private offices plus an open gathering area

Property Analytics

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Current Use

PMC Advantage Insurance ... Insurance Agency

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Storage Facility Big Box & Wholesale Store Barber Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 50590, IA

860
Population
407
Households
2.1
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
80.8 sq mi
ZIP Area
11
Density / Sq Mi
$65,500
Median Household Income
$40,515
Median Earnings
$678
Median Rent
$57,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Office units - Existing tenant lease accompanies this office property, which includes private work areas and flexible gathering space.
Where is this office units located?
The property is located at 308 3Rd Street N Swea City, IA.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Office building at 308 3rd Street N, Swea City, IA 50590; 0.12‑acre site with a 1976 building; Two private offices plus an open gathering area
More about this property
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