Property summary
This exceptional 53,760 square foot commercial property in Osage, Iowa, presents a unique investment opportunity. Strategically located on the highly visible corner of US Hwy. 218 and IA Hwy. 9, and Osage's Main Street, this site boasts the highest traffic count in the city. Its prime location at the east entrance to Osage, on the desirable north side of the highway with southern exposure, ensures maximum visibility and accessibility. The property features dual entrances for convenient access and is further enhanced by a public street providing access to the rear. The versatile 4.5-acre parcel offers multiple development possibilities, including commercial, office, warehousing, light manufacturing, or a complete redevelopment. The existing structure includes a dock door, drive-in service doors, ample additional parking, and a separate warehouse area, providing immediate functionality. All public utilities are readily available, making this property ready for immediate occupancy, renovation, or new construction. This is an unparalleled opportunity to acquire a high-traffic, multi-use commercial property in a thriving Iowa community. The asking price is $995,000.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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