519 N Washington Avenue Lacona, IA $ 300,000
519 N Washington Avenue
$ 300,000
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519 N Washington Avenue

Lacona, IA, 50139
$ 300,000
Bedrooms-- Baths-- Sq 31,451

Monthly Estimate*

$ 1,872

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Commercial Property for sale in Lacona, IA

for $300,000. This 31,451 square foot building was built in 2001 on a lot size of 4.61.

Prime Commercially Zoned Opportunity – Former School Building on 4+ Acres! This 32,000 sq. ft. former school building sits on over 4 acres, offering limitless potential for redevelopment or continued institutional use. The property features traditional 12 classrooms, as well as multiple other opportunities to expand office space, a fully functioning administrative office and nurse’s office, library/ computer lab area, a commercial-grade kitchen with a large lunchroom, and multiple restrooms and locker rooms. Additional amenities include a full-size gym with locker rooms, and ample parking. Perfect for educational facilities, community centers, office conversions, medical or wellness centers, or other commercial ventures, this versatile property is move-in ready and adaptable to a variety of business needs. Located in a great spot in town with convenient access to major roads, this is a rare opportunity to acquire a turn-key commercial facility.

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Commercial Active

Price

$ 300,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

4.61

Year Built

2001

Town/City

Lacona

County/Region

Warren

MLS | Web ID

713377

Features
General
Sewer PublicSewer
Cooling SeeRemarks
Zoning C
Construction Materials Block MetalSiding
Year Built 2001
County Warren
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Status Active
Directions Coming into town from the north on S23 take your first left on School Street and you will be met with the building.
City Lacona
Senior Community Y/N N
High School District Southeast Warren
MLS Area Lacona
Lot Size Units Acres
Lot Size Square Feet 200811.0
Carport Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Middle/Junior School District Southeast Warren
Elementary School District Southeast Warren
Legal Description 22-74-22 OL SAMUEL OXENREIDERS OL 1
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Exterior
Water Source Public
Lot Size Area 4.61
Spa N
Building Area Total 31451.0
Lot Size Acres 4.61
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 519
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* Excluded Features
List By
Lela Bales

Listing Agent

Iowa Realty Indianola

Broker

lela@iowarealty.com

Email

Affordability Calculator

$1,872
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1177466 Elementary School
1177534 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2025$300,000 -25.00% Price Down
7/29/2025$400,000 Listed Price

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519 N Washington Avenue, Lacona, IA, 50139 is a Commercial Property for sale at $300,000 with 31,451 sqft and a lot size of 4.61. 519 N Washington Avenue was built in 2001. The property's zip code is 50139 which is in Lacona, IA