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Downtown Office Building with Vault

650 Main Street, Ackley, IA 50601

For Sale
$89,000
Pending

Commercial Sale, Ackley, IA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market140

Property Features for 650 Main Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions Second block East of Franklin St. Last property on the South Side.
Standard status Pending
APN 891902252010
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See Abstract
Tax Annual Amount 16758
Legal Description See Abstract

Amenities

historic features
accessible vault

Building Details

Year built 1890
Listing Agency: GNB Real Estate
Listed By: Jared Kruger · License IA S73219000
Added: Jun 25 Changed: Oct 3 Last Checked: Nov 11 at 10:06AM
MLS# 20262872

Copyright © 2026 Northeast Iowa Regional Board 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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1890, this office building occupies a 0.17-acre parcel at 650 Main Street in Ackley. The property includes multiple office areas, storage space, historic architectural elements, and an accessible vault. Its commercial zoning supports office-oriented occupancy, subject to applicable regulations.

The building previously housed GNB Bank and is positioned in downtown Ackley, Hardin County. The property cannot be purchased for use as a bank, financial institution, insurance agency, or real estate brokerage.

Key Highlights

  • 0.17‑acre office property at 650 Main Street, Ackley, IA 50601
  • Built in 1890 with historic architectural elements
  • Multiple office areas and dedicated storage space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Law Firm Building Supply (Bike/Boat/Book/etc) Store

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

175
Businesses Nearby

Demographics for 50601, IA

2,451
Population
1,135
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
93%
High-School Grad
139.4 sq mi
ZIP Area
18
Density / Sq Mi
$63,869
Median Household Income
$33,707
Median Earnings
$831
Median Rent
$114,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned property with multiple offices, storage areas, and a secured vault in central Ackley.
Where is this office building located?
The property is located at 650 Main Street Ackley, IA.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: 0.17‑acre office property at 650 Main Street, Ackley, IA 50601; Built in 1890 with historic architectural elements; Multiple office areas and dedicated storage space
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