Building Details

Buildings 1

Building Size 2,016 SF

Listing Agency: Century 21 Signature Real Estate Ankeny e***@c21sre.com Show Phone

Listed By: Ethan Hokel · License #IA

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:36AM

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Investment Insights

Based on property information with market context.

The property includes a 2,016-square-foot building on just over a half acre. Its layout combines a large open area with extensive windows, two bathrooms, and an attached garage containing two roll-up doors. Heating and cooling systems are installed, and the garage area could be converted into additional office or retail space. The building has previously operated as a restaurant, car lot, and daycare.

Located at 316 Kennedy Avenue in Madrid, the property sits just off Hwy 17, providing exposure from a nearby highway corridor. The combination of open interior space, service-oriented improvements, and attached garage capacity supports continued daycare use or other commercial applications supported by the existing layout.

Key Highlights

• 2,016‑square‑foot building on just over a half acre
• Two roll‑up doors and an attached garage area
• Large open interior with lots of windows and natural light

Property Analytics

Property Profile

Current Use

Day care centers

Suggested Use

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

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

189

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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What type of property is this? Where is this day care centers located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Day care center - Flexible commercial building with an open interior, natural light, attached garage, and heating and cooling systems.

Where is this day care center located?

The property is located at 316 Kennedy Avenue Madrid, IA.

What are key features of this property?

This property features: 2,016‑square‑foot building on just over a half acre; Two roll‑up doors and an attached garage area; Large open interior with lots of windows and natural light