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 30 at 5:06PM

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MLS# 2602400

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Investment Insights

Based on property information with market context.

This 5,400-square-foot flex property combines retail and office areas with a shop component. The layout includes two updated offices, a conference room, kitchenette, half bath, mezzanine storage, epoxy flooring, and spray-foam insulation in the office and retail sections. Shop improvements include two overhead doors, radiant and infrared heat, a wood furnace, 3-phase electric service, and both single- and 3-phase welding outlets. The building was constructed in 1974 with pole construction, concrete flooring, and a metal roof.

Exterior improvements completed in 2021 include the siding, roof, and windows, while HVAC serving the office and retail areas is approximately two years old. An exterior loading dock and cement-and-gravel parking support day-to-day operations. The 0.65-acre property is zoned Com. and sits on the northwest side of Keystone near a convenience station and Dollar General.

Key Highlights

• 5,400‑square‑foot flex property on 0.65 acres
• Two overhead shop doors: 17'8" wide x 13' tall and 14' wide x 12' tall
• Siding, roof, and windows replaced in 2021

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

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 - Versatile commercial building combining office, retail, storage, and shop areas with updated exterior systems and dedicated loading access.

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: 5,400‑square‑foot flex property on 0.65 acres; Two overhead shop doors: 17'8" wide x 13' tall and 14' wide x 12' tall; Siding, roof, and windows replaced in 2021