Building Details

Year built 1926

Listing Agency: Keller Williams Siouxland · Keller Williams Realty k***@kw.com Show Phone

Listed By: Aaron Bircher Show Phone

Added: Jan 28 Changed: Oct 21 Last Checked: Oct 27 at 7:06PM

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MLS# 831637

Copyright © 2026 Northwest 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.

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Investment Insights

Based on property information with market context.

Built in 1926, this storefront property has an L-shaped main room entered through a foyer, with a large street-facing window and central air. The interior also includes a conference room, two half bathrooms, a utility room, and a storage vault. A private rear entrance connects to a gravel parking area.

The property occupies two lots totaling 0.05 acres on Iowa Avenue, across from the library in Onawa. Its configuration combines public-facing space with separate meeting, utility, and storage areas.

Key Highlights

• 1926‑built storefront on two lots totaling 0.05 acres
• L‑shaped main room with a large street‑facing window
• Conference room, two half bathrooms, utility room, and storage vault

Property Analytics

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

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Spa & Massage Center 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

297

Businesses Nearby

14k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 81% Dining 14% Electronics 5%

Casey's General Store Shops & Services

7,213 visits/mo 0.4 miles

Sinclair Shops & Services

3,286 visits/mo 0.3 miles

Pizza Hut Dining

1,998 visits/mo 0.2 miles

U.S. Bank Shops & Services

1,224 visits/mo 0.2 miles

Verizon Electronics

668 visits/mo 0.3 miles

Demographics for 51040, IA

3,537

Population

1,677

Households

2.1

Avg Household Size

43

Median Age

18%

College-Educated

94%

High-School Grad

129.5 sq mi

ZIP Area

27

Density / Sq Mi

$60,642

Median Household Income

$38,628

Median Earnings

$828

Median Rent

$140,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Open-Plan Storefront Building

1014 IOWA Avenue, Onawa, IA 51040

$149,000

1,930 SF

View details

Steel Flex Commercial Facility

2040 Iowa Avenue, Onawa, IA 51040

$650,000

1.69 Acres

View details

Similar Off Market Nearby

• aster & rose floristry — 1011 10th St, Onawa, IA 51040

Frequently Asked Questions

What type of property is this?

Storefront property - A street-facing commercial space offers a conference room, storage, and rear access to gravel parking.

Where is this storefront property located?

The property is located at 706 Iowa Avenue Onawa, IA.

What is the asking price?

The asking price for this property is $54,900.

What are key features of this property?

This property features: 1926‑built storefront on two lots totaling 0.05 acres; L‑shaped main room with a large street‑facing window; Conference room, two half bathrooms, utility room, and storage vault