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Flex Space with Office and Shop
For Sale
$125,000

410 3Rd Street, Lakota, IA 50451

COMMERCIAL - Lakota, IA

Property SizeContact for details
Lot Size1.98 Acres
Days on Market473

Property Features for 410 3Rd Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Use GPS.
Standard status Active
APN 0724276004
Lot size 1.98 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description parcels included 07-24-276-004, 07-24-276-005, 07-24-276-006
Tax Annual Amount 778
Legal Description parcels included 07-24-276-004, 07-24-276-005, 07-24-276-006

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1983
Number of units 2
Building materials Metal Siding
Listing Agency: EXIT Realty Home/Land Properties
Listed By: Pamela Yegge · License #B63442000
Added: May 15, 2025 Changed: Aug 19 Last Checked: Aug 30 at 8:06AM
MLS# 6327699

Copyright © 2026 NoCoast MLS. 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 property includes a 572-square-foot heated and insulated office finished with drywall and a bathroom. The adjacent 2,400-square-foot pole building provides a concrete floor and full electric service, creating a practical combination of finished administrative space and larger open-area utility. Metal siding, forced-air heat, and public water are also in place. The improvements were constructed in 1983.

The property encompasses 1.98 acres within the city limits of Lakota, Iowa, at 410 3rd Street. Its office-and-building configuration supports a range of commercial operations requiring both enclosed workspace and additional storage, production, or workshop area.

Key Highlights

  • 1.98‑acre commercial property within Lakota city limits
  • 572 sq ft heated and insulated office with drywall and bathroom
  • 2,400 sq ft pole building with concrete floor and full electric service

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Repair Shop Carpet & Flooring Store Big Box & Wholesale Store Cafe & Coffee Shop Restaurant

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

40
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50451, IA

492
Population
273
Households
1.8
Avg Household Size
45
Median Age
14%
College-Educated
96%
High-School Grad
61.4 sq mi
ZIP Area
8
Density / Sq Mi
$72,500
Median Household Income
$25,682
Median Earnings
$850
Median Rent
$53,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial setup combines a finished office with an electrically serviced shop structure.
Where is this flex space located?
The property is located at 410 3Rd Street Lakota, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1.98‑acre commercial property within Lakota city limits; 572 sq ft heated and insulated office with drywall and bathroom; 2,400 sq ft pole building with concrete floor and full electric service
More about this property
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