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Restored Mixed-Use Building
New
For Lease
$250,000 NNN (Triple Net)

802 5th, Durant, IA 52747

Historic corner property combines commercial space with two one-bedroom apartments and separate utility service.

Space SizeContact for details
Property Size3,600 SF
Days on Market5

Property Features for 802 5th

General Information

Standard status Active
Size 3,600 SF

Building Details

Year Built 1890
Listing Agency: FIRST CHOICE REAL ESTATE
Listed By: DANIEL A. OIEN · License #B44442000
Source: Kwlegacyrealty
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 8 at 8:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FIRST CHOICE REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1890, this restored mixed-use property provides 3,600 square feet across a commercial main level and two one-bedroom apartments upstairs. The ground floor has two separate entrances and is occupied by a commercial tenant under a triple-net lease through 10/01/2027. The upper apartments are leased month to month, while utilities are separately metered.

The building occupies a corner lot at 802 5th in Durant, Iowa, with a 10-space parking lot. The main level’s separate entrances support its current commercial arrangement and provide flexibility for an additional business occupant. The property combines an established commercial tenancy with residential units in a historic building setting.

Key Highlights

  • 3,600‑square‑foot mixed‑use building constructed in 1890
  • Two one‑bedroom apartments on the second level
  • Commercial main level with two separate entrances

Property Analytics

Current Use

Liberty Insurance Insurance Agency Meyer Robert C Law Firm

Suggested Use

Top Pick Dental Office Electrical Service Big Box & Wholesale Store Garden Center Plumbing Service Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 52747, IA

2,178
Population
886
Households
2.5
Avg Household Size
42
Median Age
32%
College-Educated
98%
High-School Grad
30.1 sq mi
ZIP Area
72
Density / Sq Mi
$84,875
Median Household Income
$52,995
Median Earnings
$773
Median Rent
$204,100
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic corner property combines commercial space with two one-bedroom apartments and separate utility service.
Where is this mixed-use property located?
The property is located at 802 5th Durant, IA.
What is the lease rate?
The lease rate is $250,000.
What are key features of this property?
This property features: 3,600‑square‑foot mixed‑use building constructed in 1890; Two one‑bedroom apartments on the second level; Commercial main level with two separate entrances
More about this property
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