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Investment Highlights

  • Steel-frame construction with a rear 10x12 overhead door for efficient vehicle access.
  • Cross draft paint booth included in the sale for added service capability.
  • Equipped with 3-phase power, floor drains, and blown-in insulation for operational efficiency.
  • Two natural gas radiant heaters installed to improve year-round comfort.

Executive Summary

Steel frame building (40x80) with zoning that allows for auto repair and auto sales. Rear overhead door is 12' high (10x12). Building has blown in insulation and 3-phase power, floor drains, and a 10x20 office. Owner added two natural gas radiant heaters since acquiring. Cross draft paint booth included in sale. Frame straightener and shipping container not included in sale.

Property Facts

Price $344,735 CAD
Price Per SF $107.73 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.30 AC
Rentable Building Area 3,200 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 4.69/1,000 SF
No. Drive In / Grade-Level Doors 2

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,200 SF
  • Retail
  • Partial Build-Out
  • Now

Located at 215 S. Division Street in Stuart, Iowa, this 3,200-square-foot steel-frame commercial building offers an opportunity for owner-users, automotive operators, and investors seeking a flexible property in a growing Central Iowa community. The property's zoning permits auto sales and auto repair operations, providing versatility for a range of automotive-related business uses. The building is equipped with three-phase power and includes a cross-draft paint booth, features that support automotive service, repair, refinishing, and related commercial activities. The steel-frame construction provides a durable building platform suitable for operational users requiring functional workspace and utility capacity. The site's location within Stuart offers convenient access to local residents and businesses while benefiting from regional connectivity provided by Interstate 80, which serves as a major transportation corridor across Iowa. Additional value may be available through potential Tax Increment Financing (TIF) incentives, subject to municipal review and approval. The combination of permitted automotive uses, existing specialty improvements, and infrastructure makes the property suitable for businesses seeking an operational facility without significant initial buildout requirements. The offering presents an opportunity to acquire a commercial asset that can support owner-occupancy, business expansion, or investment objectives within the Stuart market.

Space Size Space Use Build-Out Available
1st Floor 3,200 SF Retail Partial Build-Out Now

1st Floor

Size
3,200 SF
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 3,200 SF
Space Use Retail
Build-Out Partial Build-Out
Available Now

Located at 215 S. Division Street in Stuart, Iowa, this 3,200-square-foot steel-frame commercial building offers an opportunity for owner-users, automotive operators, and investors seeking a flexible property in a growing Central Iowa community. The property's zoning permits auto sales and auto repair operations, providing versatility for a range of automotive-related business uses. The building is equipped with three-phase power and includes a cross-draft paint booth, features that support automotive service, repair, refinishing, and related commercial activities. The steel-frame construction provides a durable building platform suitable for operational users requiring functional workspace and utility capacity. The site's location within Stuart offers convenient access to local residents and businesses while benefiting from regional connectivity provided by Interstate 80, which serves as a major transportation corridor across Iowa. Additional value may be available through potential Tax Increment Financing (TIF) incentives, subject to municipal review and approval. The combination of permitted automotive uses, existing specialty improvements, and infrastructure makes the property suitable for businesses seeking an operational facility without significant initial buildout requirements. The offering presents an opportunity to acquire a commercial asset that can support owner-occupancy, business expansion, or investment objectives within the Stuart market.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 04-04-102-005
  • 04-04-102-004
Land Assessment
$33,316 CAD
Improvements Assessment
$119,976 CAD
Total Assessment
$153,292 CAD
  • Listing ID: 40786645

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 215 S Division St, Stuart, IA 50250

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