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Office Space with Open Workspace
New
For Lease
$1,100/Mo

403 W 1st Street, Independence, IA 50644

Flexible commercial suite with private offices, customer reception space, employee break area, and basement storage.

Space SizeContact for details
Days on Market3

Property Features for 403 W 1st Street

General Information

Standard status Active
Zoning C

Space & Availability

Space Use Office
Available From Immediate
Private Offices 2

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $2,956

Amenities

Two Private Offices
Lobby Area
Break Room
Large Open Work Space
Full Basement

Building Details

Year Built 1945
Listing Agency: Berkshire Hathaway HomeServices One Realty Centre
Listed By: Brandie White · License #S68887000
Source: Brandiewhite.idxbroker
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 9:32AM

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 Berkshire Hathaway HomeServices One Realty Centre

Investment Insights

Based on property information with market context.

This office property provides a flexible interior arrangement with two private offices, a lobby for visitors, a break room, and a broad open area suitable for desks or adaptable workstations. A full basement adds storage capacity, while on-site parking supports staff and visitors. The building was constructed in 1945 and carries C zoning.

Positioned at 403 W 1st Street in Independence, the property occupies a corner along the town’s primary thoroughfare. Its location supports convenient access and prominent exposure for an office or other commercial operation. The space is available immediately, offering a ready setting for a business seeking private rooms, shared workspace, reception functionality, and supplemental storage.

Key Highlights

  • Two private offices plus an open work area
  • Lobby, break room, and full basement storage
  • On‑site parking for staff and visitors

Property Analytics

Current Use

Brown-Lane Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service HVAC Service Pharmacy Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 50644, IA

8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
Median Home Value

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 - Flexible commercial suite with private offices, customer reception space, employee break area, and basement storage.
Where is this office units located?
The property is located at 403 W 1st Street Independence, IA.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Two private offices plus an open work area; Lobby, break room, and full basement storage; On‑site parking for staff and visitors
More about this property
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