1309 S Broadway Street Toledo, IA ^$ 255,000

1309 S Broadway Street

^$ 255,000

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Recently Listed

1309 S Broadway Street

Toledo, IA, 52342

^$ 255,000

Bedrooms-- Baths-- Sq 3,500

Monthly Estimate*

^$ 1,591

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Commercial Property for sale in Toledo, IA

for $255,000. This 3,500 square foot building was built in 1992 on a lot size of 0.99.

This one-story, 3,500-square-foot brick office building, once home to Tama County Mental Health and built in 1992, offers nine office spaces, a welcoming lobby, reception area, conference room, kitchenette, and two half baths. Well-kept and move-in ready, it’s zoned residential, making it perfect for apartments, daycare, or housing. The exterior boasts brick and a durable metal roof, with ample paved parking on the north side. Don’t miss the chance to check it out!

Commercial Active

Price

^$ 255,000

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.99

Year Built

1992

Town/City

Toledo

County/Region

Tama

MLS | Web ID

6333972

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Metal

Garage Spaces 0

Architectural Style Office

Construction Materials Brick Frame

Year Built 1992

Topography Level Sloped

Tax Year 0

Current Use Business Office

Accessibility Fully Wheelchair Lowered Switches/Controls No Stairs External No Stairs Internal

County Tama

Property Type Commercial Sale

Contingency None

Subdivision Name SUMMIT

Possible Use Diversified Income Medical/Dental Motel/Hotel Office Other Professional/Office Retail

Status Active

Directions .

Association Name MIR

Open Parking Spaces 10

Number Of Units Total 10

Lot Size Units Acres

Lot Size Square Feet 43124.4

Tax Annual Amount 0

Living Area Units Square Feet

Standard Status Active

Legal Description LOTS 7 THRU 10 BLK 4 SUMMIT ADDN

Interior

Basement Slab

Flooring Carpet

Exterior

Parking Features Outside Asphalt Paved

Lot Features Corner Lot Tree Coverage - Light

Water Source Public

Building Area Total 3500

Lot Dimensions 240' x 180'

Lot Size Acres 0.99

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Michael Wedmore

Listing Agent

Wedmore Realty Llc

Broker

mikewedmore01@gmail.com

Affordability Calculator

$1,591

Per Month

Monthly Principal & Interest: $1,591
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Toledo, IA

Average List Price ^$167,100

Percent of Sale Price 34%

About Toledo, IA

2,311 Population

-2% Since 2002

^$49,078 Median Income

39.8 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/25/2025	$255,000		Listed Price

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1309 S Broadway Street, Toledo, IA, 52342 is a Commercial Property for sale at $255,000 with 3,500 sqft and a lot size of 0.99. 1309 S Broadway Street was built in 1992. The property's zip code is 52342 which is in Toledo, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/6/2025.

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1309 S Broadway Street

Commercial Property for sale in Toledo, IA

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