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Hiawatha Flex Industrial Office Space
For Sale
$2,150,000

929 Marthas Way, Hiawatha, IA 52233

Flex industrial office space, convertible, accessible from I-380.

Property SizeContact for details
Lot Size1.12 Acres
Days on Market474

Property Features for 929 Marthas Way

General Information

Standard status Active
Lot size 1.12 Acres

Taxes and HOA fees

Annual Taxes $50,617
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Ryan Fitzpatrick
Source: Exprealty
Added: May 6, 2025 Changed: Aug 20 Last Checked: Aug 21 at 12:20PM

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 Cushman & Wakefield Iowa Commercial Advisors

Investment Insights

Based on property information with market context.

This flex industrial office space is located off Boyson Road in Hiawatha, Iowa. Constructed in 2005, the space is currently built out as mostly office space but can be converted to industrial or flex distribution as needed. It is easily accessible from I-380. The property includes one overhead door and one dedicated dock access area in the rear of the building. Tenant improvements are negotiable. Nearby businesses include Kirkwood Community College Linn County Campus, Primerica, World Class Industries, Karma Coffee Cafe, Lucky Penny, and Farm Credit Services of America.

Key Highlights

  • Easily accessible from I‑380
  • Flex industrial/office space adaptable to different uses
  • Includes 1 overhead door and one dedicated dock access area

Property Analytics

Current Use

Tata Consultancy Services Corporate Office

Suggested Use

Top Pick Law Firm Restaurant HVAC Service Storage Facility Grocery & Convenience Store Nail Salon

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

621
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52233, IA

7,091
Population
3,123
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$66,497
Median Household Income
$44,111
Median Earnings
$846
Median Rent
$200,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex industrial office space, convertible, accessible from I-380.
Where is this flex space located?
The property is located at 929 Marthas Way Hiawatha, IA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Easily accessible from I‑380; Flex industrial/office space adaptable to different uses; Includes **1 overhead door and one dedicated dock access area**
More about this property
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