406 W Ross Street Toledo, IA ^$ 325,000

406 W Ross Street

^$ 325,000

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Recently Listed

406 W Ross Street

Toledo, IA, 52342

^$ 325,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,001

406 W Ross Street, Toledo, IA 52342 - Image 1

406 W Ross Street, Toledo, IA 52342 - Image 2

406 W Ross Street, Toledo, IA 52342 - Image 3

406 W Ross Street, Toledo, IA 52342 - Image 4

Commercial Property for sale in Toledo, IA

for $325,000. This building was built in 1994.

Versatile commercial property offering multiple buildings and ample workspace. Main shop is a 54' x 70' Quonset Style building with a 14'x14' overhead door, equipped with opener, plus small overhead door, in the back. Seller including Devries hoist and commercial air compressor. Heating and cooling are provided by forced air furnace, and central air, with wood stove for standby. Property includes 2 additional 40'x72' buildings with 12' tall doors and openers. Ideal for automotive, equipment storage, fabrication, or other commercial uses

Commercial Active

Price

^$ 325,000

Property Type

Commercial

Taxes

^$ 2,842

Style

Business

Year Built

1994

Town/City

Toledo

County/Region

Tama

MLS | Web ID

6334665

Features

General

Sewer City Sewer/Connected

Heating Forced Air Wood Stove Outdoor Furnace

Utilities None

Garage Spaces 4

Architectural Style Business

Construction Materials Other

Year Built 1994

Tax Year 2025

Current Use Automobile Service

Accessibility Other

County Tama

Property Type Commercial Sale

Contingency None

Possible Use Agricultural Diversified Income Industrial Services Warehouse Wholesale

Status Active

Directions Off of HWY 63 West on W. Ross

Association Name MIR

Open Parking Spaces 20

Number Of Units Total 3

Lot Size Units Acres

Tax Annual Amount 2842

Living Area Units Square Feet

Standard Status Active

Legal Description briefly E205 PCL B LOT 10 Sub of Pt of SE SW 15-83-15

Exterior

Parking Features Insulated Garage Heated Garage

Water Source Public

Lot Dimensions 204x358

* Excluded Features

List By

Jason Lekin

Listing Agent

Appraisal & Real Estate Service

Broker

jason@midwestlandauctions.com

Affordability Calculator

$2,238

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $237
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$191,225

Percent of Sale Price 41%

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
1/8/2026	$325,000		Listed Price

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406 W Ross Street, Toledo, IA, 52342 is a Commercial Property for sale at $325,000. 406 W Ross Street was built in 1994. 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 6.25% 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 1/12/2026.

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406 W Ross Street

Commercial Property for sale in Toledo, IA

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