205 Wiley ave - Retail FOR SALE


Washington, IA 52353
$650,000 USD
319-504-4847
205 Wiley ave, Washington, IA for Sale
$650,000 USD
Retail - FOR SALE
1/36
null | Request Cap Rate

205 Wiley ave
Washington, IA 52353


HIGHLIGHTS

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

OVERVIEW

Brand new 2023 commercial building positioned at Washington's premier retail corner — Highway 92 (E Washington St) & Wiley Ave. This is Washington County's highest-traffic commercial intersection, with direct adjacency to Walmart Supercenter, Dollar Tree, Pizza Ranch, Hills Bank, QuickVisit Urgent Care, and Ace N More Hardware all within the same corridor. Corner lot with approximately 117 feet of Highway 92 frontage and 300 feet of Wiley Ave frontage — exceptional dual-road visibility and access. Nearly 1 acre (0.96 acres) with substantial room for expansion, additional parking, or future development. Proposed hotel development on the adjacent western parcel adds significant future traffic demand to an already high-volume location. This building will be surrounded by traffic generators on every side upon completion. 3,600 SF of finished space, metal construction, built 2023 — zero deferred maintenance, no repairs needed, fully turn-key. City sewer, city water, forced air electric heat, wheelchair accessible. Currently owner-occupied retail. Sale is for real estate only — business not included. Ideal for owner-operator or investor. Suitable for retail, restaurant, office, professional services, medical, grocery, lounge/bar, shop, or warehouse use. Flexible blank-slate interior ready for any buildout. Motivated seller. Priced to move. 48-hour showing notice required — do not approach occupants without appointment. Contact listing agent to schedule.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

Commercial

APN/PARCEL ID

11-16-478-001

ASK ABOUT THIS PROPERTY

Joseph TaorminaReal BrokerMore Info
319-504-4847

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Joseph TaorminaReal BrokerMore Info
319-504-4847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.