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About This Home

This 0-bedroom, 0-bathroom commercial at 1640 1st Street W in Independence, IA is listed for $225,000. Built in 1976, on a 0.72 acres lot.

Agent Description

Welcome to the ultimate investment opportunity! This building boasts 2820 square feet of prime commercial real estate just 1.5 miles from Highway 20. Most recently housed a restaurant, the property is zoned C-2, allowing for a wide range of commercial uses.

The building itself features a spacious and inviting interior, with ample space to accommodate any business venture. Its location on the highly traveled 1st Street West ensures excellent visibility and easy access, making it a prime destination for customers.

Additionally, this property features two large concrete parking lots, each measuring 12,200 square feet, providing ample parking for customers and employees. Neighboring businesses include Subway, Advance Auto Parts, Dollar General, Pizza Ranch, and Super 8 Motel.

It is also situated in close proximity to the Independence Community Schools campus, making it an excellent location for any business catering to families, students and the broader community. With its prime location and impressive features, this building offers a rare opportunity to own a highly desirable piece of commercial real estate.

Key Features

  • Built in 1976
  • 0.72 acre lot

Property Details

1976

Amenities

A/C

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1640 1st Street W

Independence, IA 50644

Property Details

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1640 1st Street W is listed at $225,000. The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1976, 0.72 acre lot.

This property is listed by Curt Martin and can be reached at 5639208212 or curt@curtmartin.net.

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CM

Curt Martin

Agent at RE/MAX Independence Realty

(563) 920-8212

Listed by RE/MAX Independence Realty

MLS# 20261137· Source: listhub· Updated 17 days ago

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1640 1st Street W, Independence, IA 50644

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