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2500 1St Ave Altoona, IA 50009

For Sale
$3,046,151

Prime Altoona location, owner will subdivide. All utilities available.

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 338,461 square foot commercial land parcel, located at 2500 1st Ave S in Altoona, Iowa (zip code 50009), presents a unique development opportunity. Zoned C-2, this property offers significant potential for a variety of commercial uses. The asking price is $3,046,151, translating to a land value of $9 per square foot. A key advantage is the owner's willingness to subdivide the land, allowing for flexibility in development plans and potential for multiple buyers. All utilities are either on-site or readily accessible, simplifying the development process. The property benefits from a highly visible location at a lighted intersection, ensuring excellent exposure for any future business. Situated in the heart of Altoona, this land parcel is ideally positioned to capitalize on the area's growing residential population, which presents a strong demand for additional restaurants and services. This is a rare opportunity to acquire a strategically located commercial property in a thriving Iowa community. The property's size, zoning, and accessibility make it an attractive investment for developers and entrepreneurs seeking to establish a presence in this dynamic market.

Property Features for 2500 1St Ave

General Information

Property type
Land

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Daycare Center Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Altoona
County
Polk
State
Iowa
Longitude
-93.4646117
Latitude
41.6371192

FAQs

What type of property is this?
Land - Prime Altoona location, owner will subdivide. All utilities available.
Where is this land located?
The property is located at 2500 1St Ave Altoona, IA.
What is the asking price?
The asking price for this property is $3,046,151.
More about this property
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