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Investment Highlights

  • Outstanding exposure on Highway 92 near established national retailers and service providers.
  • Upcoming hotel development nearby is expected to drive additional traffic and business activity in the corridor.
  • Situated on nearly one acre, offering flexibility for future expansion or enhancements.

Executive Summary

Newer construction commercial building completed in 2023, offering approximately 3,600 SF on a 0.96-acre lot with outstanding visibility along Hwy 92 (E Washington St) in Washington, Iowa. This blank-slate property is ideal for an owner-user or investor seeking a flexible, move-in-ready commercial space. Currently owner-occupied; sale includes real estate only—business not included. The expansive lot provides room for expansion, additional parking, or future development. Strategically located in a strong commercial corridor near Walmart, Dollar Tree, Pizza Ranch, and other national retailers. A hotel is planned for the adjacent parcel to the west with an estimated completion of November 2026, adding future traffic and demand to the area. Excellent opportunity to acquire a modern commercial asset in a growing business location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,600 SF
Building Class
B
Year Built
2023
Price
$926,424 CAD
Price Per SF
$257.34 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.94 AC
Frontage
105’ on Wiley Avenue
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
11-16-478-001
Land Assessment
$144,934 CAD
Improvements Assessment
$506,033 CAD
Total Assessment
$650,967 CAD
  • Listing ID: 40528430

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 205 Wiley ave, Washington, IA 52353

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