Listing Agency: Mincer Real Estate a***@gmail.com Show Phone

Listed By: Aaron Mincer Show Phone

Source: Exprealty

Added: Apr 30 Changed: Aug 29 Last Checked: Jun 19 at 6:59AM

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Investment Insights

Based on property information with market context.

This 1949 commercial property at 907 Alice Avenue is classified as office units and features an existing layout from its former use as a funeral home. The building has not operated for some time and provides a substantial structure for modernization and reconfiguration.

The existing arrangement may support office, retail, or service-based business use. The property has also been identified for possible residential conversion, including single-family or multi-unit use, subject to applicable requirements. Located in Riverton, Iowa, the building presents a redevelopment project with multiple stated use directions.

Key Highlights

• 1949 building at 907 Alice Avenue, Riverton, IA 51650
• Former funeral home with an existing commercial layout
• Potential office, retail, or service‑based business use

Property Analytics

Property Profile

Current Use

Shull-Gude Funeral Home Social Service Agency

Suggested Use

Top Pick Building Supply Garden Center Bar & Pub

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

17

Businesses Nearby

Explore this area Business Placement

Demographics for 51650, IA

322

Population

169

Households

1.9

Avg Household Size

51

Median Age

13%

College-Educated

92%

High-School Grad

31.3 sq mi

ZIP Area

10

Density / Sq Mi

$47,026

Median Household Income

$41,042

Median Earnings

$47,800

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?

Office units - Existing commercial layout offers room for office, retail, or service-oriented business use.

Where is this office units located?

The property is located at 907 Alice Ave Riverton, IA.

What is the asking price?

The asking price for this property is $60,000.

What are key features of this property?

This property features: 1949 building at 907 Alice Avenue, Riverton, IA 51650; Former funeral home with an existing commercial layout; Potential office, retail, or service‑based business use