Building Details

Buildings 1

Tenancy Multi

Listing Agency: Kolbet realtors p***@kolbetrealtors.com Show Phone

Listed By: Philip Kolbet · License #IA B23079

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:58PM

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Investment Insights

Based on property information with market context.

This flex space at 720 Main St combines front-of-building retail with substantial rear-area utility. The two retail suites are occupied by a hair salon and a yoga and fitness studio, while the back portion is configured with large storage units that can also accommodate retail or workshop use. Four units include large overhead doors, supporting vehicle and recreational vehicle storage applications.

Building improvements include a complete 50-year rubber membrane roof, a new furnace, significant electrical upgrades, and separate metering for the retail areas. Interior updates include modern decorating in portions of the property. Storage areas range from 9x15 to 22x48, providing several configurations for users or occupants. The property is located at 720 Main St in Osage, Iowa.

Key Highlights

• Two front retail suites occupied by a hair salon and a yoga and fitness studio
• Rear areas include large storage units with potential retail or workshop use
• Four storage units feature large overhead doors

Property Analytics

Property Profile

Current Use

Old County Seat Bar & Pub Rule 32 Hair Salon

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Big Box & Wholesale Store 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.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

318

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 50461, IA

5,605

Population

2,564

Households

2.2

Avg Household Size

45

Median Age

23%

College-Educated

94%

High-School Grad

177.6 sq mi

ZIP Area

32

Density / Sq Mi

$66,004

Median Household Income

$44,332

Median Earnings

$748

Median Rent

$158,800

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

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Frequently Asked Questions

What type of property is this?

Flex space - Mixed-use flex property combines occupied retail suites with adaptable rear storage and workshop areas.

Where is this flex space located?

The property is located at 720 Main St Osage, IA.

What are key features of this property?

This property features: Two front retail suites occupied by a hair salon and a yoga and fitness studio; Rear areas include large storage units with potential retail or workshop use; Four storage units feature large overhead doors