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Downtown Office Building with Vault
For Sale
$89,000

650 Main Street, Ackley, IA 50601

SINGLE_FAMILY - Ackley, IA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market49

Property Features for 650 Main Street

General Information

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

Taxes and HOA fees

Tax Year 2024
Tax Description See Abstract
Tax Annual Amount 12698
Legal Description See Abstract

Building Details

Year built 1890
Listing Agency: GNB Real Estate - Grundy Center
Listed By: Jared Kruger · License #S73219000
Added: Jun 25 Last Checked: Aug 12 at 5:06AM
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.

Investment Insights

Based on property information with market context.

This downtown office building features historic character and includes an accessible vault. The interior layout is set up with multiple offices alongside storage space, offering flexibility for professional service and administrative users. Historic features and the vault are key differentiators of the building’s existing improvements.

The property is located at 650 Main Street in Ackley, Iowa, in Hardin County. The seller’s remarks describe the building as being in the heart of downtown, supporting convenient access for customers and visitors that need to meet on-site.

For prospective buyers, this is a large commercial building that can be configured to support a range of office-oriented operations. The public remarks also note a limitation: the building may not be purchased for the use of a bank, financial institution, insurance agency, or real estate brokerage. Buyers should confirm allowable uses under the property’s Commercial zoning and any applicable local requirements before proceeding.

Key Highlights

  • 1890‑built downtown Ackley commercial building with historic features
  • Previously the home of GNB Bank for many years
  • Accessible vault plus multiple offices and storage space

Property 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

66
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with multiple offices, storage, and an accessible vault, suited for general office uses in downtown 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: 1890‑built downtown Ackley commercial building with historic features; Previously the home of GNB Bank for many years; Accessible vault plus multiple offices and storage space
More about this property
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