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Investment Highlights

  • Flexible building suitable for retail, office, warehouse, or manufacturing operations
  • Opportunity Zone location may benefit qualifying investors
  • Situated on approximately 1.53 acres with expansion potential
  • Configured for owner-user or investment acquisition

Executive Summary

129 2nd St presents an opportunity to acquire a single-tenant commercial asset positioned for owner-users or investors seeking a flexible facility that can support a variety of business operations. Built in 1969, the property contains 10,927 square feet and is configured to accommodate uses including retail, business services, professional office, manufacturing, warehouse, and auto-related operations. The property's adaptable layout provides operational flexibility for businesses requiring a combination of workspace, storage, production, and customer-facing functions.
Located in Webster City, the property benefits from access to the community's commercial and industrial base while maintaining convenient connectivity to regional transportation routes serving central Iowa. The site's mixed-use potential and existing improvements create opportunities for businesses seeking an established facility with room to tailor operations to specific requirements. The property is situated on approximately 1.53 acres and includes additional land that may support future expansion, parking enhancements, or redevelopment initiatives, subject to local approvals.
The combination of a substantial building footprint, flexible use profile, and developable land component offers multiple paths for occupancy or investment. According to the listing information, the property is located within a designated Opportunity Zone, which may provide applicable tax advantages for qualifying investments. This versatility may appeal to buyers seeking a property capable of serving changing operational needs over time while maintaining long-term utility in the local market.

Property Facts

Price $522,618 CAD
Price Per SF $47.83 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Auto Repair
  • Industrial Manufacturing
  • OfficeLoft Creative Space
Building Class C
Lot Size 1.53 AC
Rentable Building Area 10,927 SF
No. Stories 1
Year Built 1969
Tenancy Single
Opportunity Zone Yes
Zoning C-3 - Highway Business
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
40-88-25-06-107011
Land Assessment
$104,248 CAD
Improvements Assessment
$414,385 CAD
Total Assessment
$518,633 CAD
  • Listing ID: 35746279

  • Date on Market: 2025-05-05

  • Last Updated:

  • Address: 129 2nd St, Webster City, IA 50595

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