Building Details

Year built 1974

Flooring type Concrete

Building materials Pole

Roof type Metal

Listing Agency: IOWA REALTY · Berkshire Hathaway HomeServices j***@iowarealty.com Show Phone

Listed By: Melissa Lennie Show Phone

Added: Apr 7 Changed: Aug 19 Last Checked: Aug 23 at 10:06AM

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MLS# 2602400

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Investment Insights

Based on property information with market context.

This flex building combines updated shop space with office and retail areas. Siding, roof, and windows were all replaced in 2021, and the HVAC serving the office and retail areas is about two years old. The shop includes one radiant heater and one infrared heater, spray foam insulation in the retail and office spaces, epoxy flooring, a mezzanine for storage above, and a half bath. Interior improvements also include two updated offices, a conference room, and kitchenette space.

The property is located on the NW side of Keystone near a convenience station and Dollar General. Outside, it offers cement and gravel parking and an exterior loading dock. The shop is accessed by two overhead doors, including one measuring 17'8" wide by 13' tall and another measuring 14' wide by 12' tall. Electrical service includes 3 phase power, with both single and 3 phase welding outlets, along with a wood furnace. The property is zoned Com.

For buyers seeking a single site that can support both work space and customer-facing or administrative functions, this layout offers dedicated office space alongside a heated shop area and straightforward exterior loading access.

Key Highlights

• Substantial recent renovations including new siding, roof, and windows (2021)
• Versatile shop space with two overhead doors, 3‑phase electric, and welding outlets
• Updated office spaces including a conference room and kitchenette

Property Analytics

Property Profile

Current Use

JB AG Agricultural Service B&B EQUIPMENT LLC Big Box & Wholesale Store

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Bakery Garden Center Hair 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.

Lease Details

1

Dock-high doors

2

Drive-in doors

Location Intelligence

Trade Area within ½ mile

58

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 52249, IA

912

Population

423

Households

2.2

Avg Household Size

46

Median Age

23%

College-Educated

93%

High-School Grad

49.9 sq mi

ZIP Area

18

Density / Sq Mi

$77,500

Median Household Income

$46,806

Median Earnings

$992

Median Rent

$154,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Updated flex space with office amenities and exterior loading dock for accommodating light industrial and service uses.

Where is this flex space located?

The property is located at 405 5th Avenue Keystone, IA.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: Substantial recent renovations including new siding, roof, and windows (2021); Versatile shop space with two overhead doors, 3‑phase electric, and welding outlets; Updated office spaces including a conference room and kitchenette