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Former Bank Building For Sale
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321 Highway St, Underwood, IA

1,200 SF well-maintained building on 0.29 acres.

Property Size1,200 SF
Lot Size0.29 Acres
Price / SF$54.17
Days on Market1735

Property Features for 321 Highway St

General Information

Standard status Active
Size 1,200 SF
Lot size 0.29 Acres
Property subtype OFFICE
Listing Agency: Cushman & Wakefield
Listed By: Dustin Whitehead, CCIM · License #B42209000
Source: Moodyscre
Added: Dec 7, 2021 Changed: Aug 11 Last Checked: Sep 6 at 5:21PM

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 Cushman & Wakefield

Investment Insights

Based on property information with market context.

This is a 1,200 square foot former bank building constructed in 1964, situated on 0.29 acres. The property is well-maintained and includes generous parking. The property is located in Underwood, Iowa.

Key Highlights

  • Well‑maintained building with generous parking
  • 1,200 SF Former Bank Building
  • Property sits on 0.29 Acres

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Bakery Big Box & Wholesale Store Nail Salon Tanning Salon

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

53
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - 1,200 SF well-maintained building on 0.29 acres.
Where is this office building located?
The property is located at 321 Highway St Underwood, IA.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Well‑maintained building with generous parking; 1,200 SF Former Bank Building; Property sits on 0.29 Acres
(319) 961-6545 Call to check price and availability
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