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Flex Building with Loading Dock

405 5th Avenue Keystone, IA 52249

405 5th Avenue, Keystone, IA, 52249

$265,000

For Sale

$265,000

COMMERCIAL - Keystone, IA

Property Size5,400 SF

Lot Size0.65 Acres

Price / SF$49.07

AddedApr 7

Days on Market101

Last RefreshJul 16 at 4:06 am

Property Features for 405 5th Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Com.
Standard status: Active
APN: 09005650
Size: 5,400 SF
Lot size: 0.65 Acres

Taxes and HOA fees

Tax Description: F Hamanns 2nd Add Lot 7, 8 & 9 & 10 Blk 3 and/or as per abstract
Tax Annual Amount: 1644

Building Details

Year built: 1974
Flooring type: Concrete
Building materials: Pole
Roof type: Metal

Listing agent Melissa Lennie

Listing office IOWA REALTY 1005 Blairs Ferry Rd, Ste 210, Cedar Rapids, IA

Listing date Apr 7, 2026

MLS# 2602400

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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 Location Intelligence

Current Use by Public Records

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

Suggested Use

For sale
Flex space
IA
Keystone
52249
405 5th Avenue

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