Flex Space with Oversized
42 Spruce St, Tipton, IA 52772
For Sale
$899,000
Commercial Sale, Tipton, IA
Property Size54,600 SF
Lot Size1.26 Acres
Price / SF$16.47
Days on Market284
Property Features for 42 Spruce St
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
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Taxes and HOA fees
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Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
REMAX Affiliates · RE/MAX International
(319) 333-1213
Listed By:
Kimberly Bockenstedt
(319) 631-3042
Added: Feb 2
Changed: Oct 16
Last Checked: Nov 12 at 6:06AM
MLS# 202600856
Copyright © 2026 Iowa City 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.
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Investment Insights
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This 54,600-square-foot flex building, completed in 2013, combines a large work area with four offices, a lobby, and a break room with a sink. Two bays measure 100 by 178 feet, and the building also has a 24-by-100-foot open loft. The pitched ceilings rise to 26 feet and slope to 22 feet. Two 24-by-16-foot doors, exhaust ventilation, and ceiling fans serve the work area. Heating is radiant, with forced-air AC in all four offices; three-phase power is available.
The property occupies 1.26 acres and is about 10 miles from I-80. Iowa City is approximately 28 miles away, a drive of about 30 minutes. Commercial zoning and wheelchair accessibility are additional property features.
The property occupies 1.26 acres and is about 10 miles from I-80. Iowa City is approximately 28 miles away, a drive of about 30 minutes. Commercial zoning and wheelchair accessibility are additional property features.
Key Highlights
- 54,600‑square‑foot flex building on 1.26 acres
- Two work bays measuring 100' x 178'
- 24' x 100' open loft
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Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 52772, IA
5,129
Population
2,334
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
95%
High-School Grad
130.2 sq mi
ZIP Area
39
Density / Sq Mi
$80,997
Median Household Income
$49,820
Median Earnings
$812
Median Rent
$213,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A large work area is complemented by four offices, a lobby, and a break room.
Where is this flex space located?
The property is located at 42 Spruce St Tipton, IA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 54,600‑square‑foot flex building on 1.26 acres; Two work bays measuring 100' x 178'; 24' x 100' open loft
