Conway, IA Commercial Properties

Conway, IA Commercial Properties for Sale

$3,750,000
745325 MLS
Fully renovated, premium mixed-use commercial and residential property located at 101-105 S. 3rd St, Knoxville, Iowa. Positioned in the heart of downtown Knoxville, the property presents a highly diversified, cash-flowing asset leveraging three distinct revenue engines: stabilized long-term residential rentals, high-yield short-term rentals (STRs), and a highly lucrative, scalable wedding and event venue opportunity. The property has recently undergone extensive capital improvements, featuring high-end, modern finishes throughout the residential units and commercial spaces. Historically, the street-level commercial space has housed long-standing local businesses, providing a bedrock of community integration and foot traffic, such as Candi's Flowers which has operated in the Knoxville area since 1983. Recently, current ownership executed a strategic pivot to maximize the property's yield per square foot. By meticulously redesigning and completely renovating the upper floors into premium residential spaces, the building has been transformed into a modern, institutional-grade asset capable of capturing massive seasonal tourism spikes while maintaining baseline profitability through long-term leases.

101 Third Street, Knoxville

Listing courtesy of Realty ONE Group Impact.

$179,000
6340496 MLS
INVESTMENT PROPERTY!!!! Live in a nearly new 2023 Champion home while generating rental income! This unique property features eight total manufactured home hookups, two established lot-rent tenants, four additional income-producing sites ready for expansion, plus an additional mobile home included in the sale. Whether you're looking for a home with supplemental income or a turnkey investment opportunity, this property offers excellent upside potential.

208 W Washington St, Moulton

Listing courtesy of Iowa Realty South Lakes.

$149,500
6340467 MLS
This is a great opportunity to get into the rental business or add on to your current portfolio! This 5 unit rental has had some recent updates and improvements. Close to downtown. Dedicated off street parking. Mostly newer windows. 3 one bedroom units and 2 efficiency.

205 W 5th St, Vinton

Listing courtesy of Wrage Realty.

$165,000
6340463 MLS
This is your chance to own a well-maintained commercial building in a high-visibility, high-traffic area of south Ottumwa. Currently configured as a chiropractic office, this versatile space is ideal for medical, professional, or business use. The layout includes a spacious reception area with a large front desk, a comfortable waiting room, multiple exam or treatment rooms, private offices, and space suitable for a conference room or team meetings. Meticulously maintained and in clean, move-in-ready condition, the building features both front and side entrances for added convenience. Two furnaces and two central air conditioning units ensure year-round comfort, and one room is perfectly suited for a breakroom or staff lounge. The property also includes ample parking and a functional ADT alarm system for added security. Whether you're expanding, relocating, or starting fresh, this space offers a proven location with over 20 years of successful use as a chiropractic clinic. The retiring owner leaves behind a valuable opportunity in one of Ottumwa’s most desirable business corridors.

1429 Albia Rd, Ottumwa

Listing courtesy of Bridge City Realty.

$200,000
6340451 MLS
Prime commercial space located on the Osceola square, with new water/sewer hookups from the city and a brand-new sidewalk and street in front! The front space is currently leased to a business and upstairs apartment is rented, so what a great investment purchase!! Discover an incredible opportunity with this 2,419 square foot finished commercial space. This versatile property includes an additional 1,764 square feet of storage space in the back, featuring a garage with an overhead door. Adding to its value, the property includes a 2-bedroom apartment upstairs, ideal for generating that extra income or a money-saver if you want to live upstairs! With its prime location and abundance of space, this property is a must-see for any investor or someone looking for a great business opportunity!

117 W Washington St, Osceola

Listing courtesy of Stoney Oak Properties LLC.

$165,000
745215 MLS
Completely renovated and ready for your next business venture! This exceptional commercial property is located in the heart of downtown Stuart, surrounded by thriving local businesses in a growing community. Featuring outstanding street frontage with a large display window, excellent visibility, and convenient street parking directly in front, this property offers the exposure and accessibility every business needs. Currently operating as a retail space, the versatile floor plan lends itself to a variety of business opportunities, including office space, a salon, boutique, event venue, café, and more. Extensively updated with quality craftsmanship, the property features a new roof (2021), HVAC system, updated electrical and plumbing, and a beautifully remodeled interior. High-end finishes, designer wallpaper, a private office, kitchen, ADA-accessible restroom, and a unique walk-in vault create a space that is both functional and memorable. Convenient city-owned street parking makes access easy for customers and clients. Existing shelving is not permanently attached and can be removed without damaging the custom wall coverings, making it simple to customize the space to fit your vision. Whether you're expanding your business or bringing a new idea to life, this move-in-ready property offers style, flexibility, and an outstanding downtown location in one of central Iowa's growing communities.

106 NE 2nd Street, Stuart

Listing courtesy of LPT Realty, LLC.

$425,000
745041 MLS

125 W Merle Hibbs Boulevard, Marshalltown

Listing courtesy of Realty ONE Group Impact.

$150,000
6340425 MLS
Excellent opportunity to own a versatile commercial property with endless potential! This well-maintained 41' x 85' building sits on a durable concrete slab and offers a flexible layout that can accommodate a wide variety of business or investment opportunities. The majority of the building features a spacious open gathering room, ideal for hosting events, meetings, or large groups. A separate section can be closed off to create a more private space and includes a kitchen, an additional smaller gathering room, a storage room, and two half bathrooms—making it perfect for multi-purpose use or simultaneous activities. The building is equipped with gas forced-air heat, central air conditioning, and an electric water heater for year-round comfort. Three exterior entry doors provide convenient access and allow for the possibility of dividing the space for multiple uses. The property has been exceptionally well maintained and features newer windows and exterior doors. Whether you're looking to open an event center, create a secure storage facility, establish a business headquarters, or divide the building into multiple income-producing spaces. All measurements and the age of building is approximate, due to lack of records. Buyers to do their due diligence. Furnace, A/C, Windows new around 2020. Seamless Gutters installed around 2023. Metal roof was recoated with spray rustoleum around 2018. Furnace motherboard was replaced in 2024.

419 N Oak St, Donnellson

Listing courtesy of Weichert Realtors-The Massimo Group.

$185,000
26-1499 MLS
Versatile 2,000 SF commercial building available for lease or purchase. Conveniently located with excellent accessibility for customers, employees, deliveries, and equipment. This well-maintained metal building offers approximately 1,300 SF of heated shop/warehouse space and 700 SF of finished office space, making it ideal for contractors, service businesses, light industrial, distribution, or flex space users. Features include two overhead doors - a loading dock, two restrooms, private office, spacious conference room and ample workspace. Convenient access on one of Denison's main commercial corridors. Whether you're looking to expand your business or invest in a versatile commercial property, this building is ready for its next owner or tenant. For Sale OR LEASE. reference MLS 26-1501

1320 S 7th Ave, Denison

Listing courtesy of Heartland Properties.

$85,000
6340397 MLS
Building being sold as is. Elks Lodge still occupies first and second floor of building as of now. 3rd floor empty. Building in need of some TLC. Lots of potential and lots of square footage. Great location, just blocks away from the square. 4400 sf on each level of 3 story building. Parking lot included with sale of building as well.

202 2nd Ave E, Oskaloosa

Listing courtesy of Hawkeye Property Mgm & RE.

$1,600,000
745185 MLS
Prime commercial opportunity! This approximately 8,100 sq. ft. warehouse offers exceptional functionality and an unbeatable location just seconds from Interstate 80 and the Ute Avenue interchange, providing outstanding access and visibility for your business. The building features seven overhead garage bays, expansive warehouse space, a welcoming front reception area, three large private offices, a kitchenette, full bathroom, laundry hookups, and a spacious mezzanine for additional storage. Whether you're looking for a contractor headquarters, service facility, distribution center, manufacturing space, or investment property, this versatile building is designed to accommodate a wide variety of commercial and industrial operations. With an efficient office layout, ample storage, and convenient interstate access, this property is ready to support your business today and provide room to grow for years to come.

33082 Ute Avenue, Waukee

Listing courtesy of RE/MAX Concepts.

$159,900
6340358 MLS
Historic Commercial Opportunity on the Centerville Square! Here's your chance to own one of Centerville's iconic downtown buildings! Formerly known as the US Cellular Building—and remembered by many locals as the Cosby Building—this impressive three-story commercial property offers approximately 7,000 square feet of endless possibilities. The main level features approximately 3,000 square feet of retail, office, or professional business space, making it ideal for entrepreneurs, investors, or business owners looking for a prime downtown location. Recent updates include newer windows and a newer furnace, providing a solid foundation for your vision. The building also offers abundant storage throughout. One of the few three-story buildings on the Centerville Historic Square, this property presents an outstanding opportunity for redevelopment. The upper floors could be transformed into loft-style apartments, short-term rentals, office suites, or additional commercial space (subject to local zoning and approvals), creating multiple income opportunities. Whether you're looking to establish your business, expand your investment portfolio, or restore a piece of Centerville history, this property is full of potential. Investment opportunities like this don't come along often—don't let this one pass you by! Schedule your private showing today and imagine the possibilities.

300 N 12th St, Centerville

Listing courtesy of Bogle Realty LLC.

$2,145,000
745068 MLS
Commercial Investment Opportunity: Absolute NNN Leased Pizza Ranch in Newton, IA Now available: a fully stabilized net lease property occupied by Pizza Ranch, located at 1500 W 18th St S in Newton, Iowa. Property Details: • Building Size: 4,968 square feet • Lease Type: Absolute NNN (zero landlord responsibilities) • Lease Term: 15 years (commenced May 1, 2023) • Annual Rent Increases: Approximately 2% Financial Overview: • Asking Price: $2,215,000 • 2025 NOI: $139,970.64 • 2026 NOI: $142,770.05 • 2037 NOI: $181,066.95 Investment Highlights: • Truly passive ownership with an absolute NNN lease structure • Tenant covers all expenses, including taxes, insurance, CAM, and all repairs (roof, structure, HVAC, and major systems) • Builtin annual rent growth for long-term income stability • Ideal for 1031 exchange investors seeking predictable, long-duration cash flow

1500 W 18th Street S, Newton

Listing courtesy of Pinnacle Realty, LLC.

$223,900
6340323 MLS
Versatile in-town opportunity just half a block from the Square! This mixed-use property offers the perfect live/work setup with so much potential! The spacious upper-level apartment features 3 bedrooms, 2 bathrooms, and an open kitchen/living area filled with natural light. The lower level, formerly a chiropractic office, provides flexible space for a business, studio, or conversion to suit your needs. A detached 3-car garage plus an attached 1-car garage add valuable storage, convenience, and possible rental income. Ideal for an owner-occupant or investor ready to bring a creative vision to life in a prime location!

120 S Main St, Fairfield

Listing courtesy of Fairfield Real Estate.

$995,000
745013 MLS
Well-maintained office/warehouse condo available for sale or lease in Waukee. Built in 2020, this 4,076 SF unit includes 3,256 SF of finished office space and an 820 SF warehouse with 21' clear height. The main level features five private offices, a large conference room, selection room, kitchenette, four restrooms, and direct access to the warehouse. The mezzanine includes two additional offices, an open work area, a conference room, and a private restroom. This move-in-ready space is ideal for a variety of office, showroom, or service users and offers convenient access to Hickman Road, Grand Prairie Parkway, and I-80.

234 NW Sunrise Dr Drive, Waukee

Listing courtesy of Stanbrough Realty Company.

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Conway, Iowa Commercial Properties

Discover the charm of Conway, Iowa, a hidden gem offering unique opportunities for commercial real estate investment. Whether you're looking to establish a thriving business or expand your current portfolio, Conway boasts a welcoming community and a landscape ripe with potential. Explore our listings of commercial properties for sale, from quaint storefronts in the heart of town to spacious lots perfect for development. Let us help you find the ideal space to bring your vision to life and become a part of Conway's vibrant future.

Ready to explore commercial properties for sale in a town that values community and growth? Conway, Iowa offers a refreshingly different pace and a supportive environment for entrepreneurs and established businesses alike. Imagine the possibilities of owning a piece of this delightful town, contributing to its unique character, and building a successful venture. Contact us today to learn more about available opportunities and take the first step towards your Conway real estate dream.

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