301 US Highway 61 S Wapello, IA ^$ 150,000

301 US Highway 61 S

^$ 150,000

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Recently Listed

301 US Highway 61 S

Wapello, IA, 52653

^$ 150,000

Bedrooms-- Baths-- Sq 10,130

Monthly Estimate*

^$ 924

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301 US Highway 61 S, Wapello, IA 52653 - Image 5

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301 US Highway 61 S, Wapello, IA 52653 - Image 7

301 US Highway 61 S, Wapello, IA 52653 - Image 8

301 US Highway 61 S, Wapello, IA 52653 - Image 9

301 US Highway 61 S, Wapello, IA 52653 - Image 10

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Commercial Property for sale in Wapello, IA

for $150,000. This 10,130 square foot building was built in 1963 on a lot size of 1.49.

Commercial opportunity on highly visible US Hwy 61 in Wapello, Iowa. This 1.49 acre site features multiple buildings totaling approximately 7,800+ square feet, offering a versatile setup for light manufacturing, warehouse, service, or storage use. The main building is a one-story concrete block structure with office space, restrooms, and HVAC. Additional metal warehouse buildings provide extra storage and functionality, including an overhead door for easy access. Ample on-site parking and yard space. Excellent exposure with convenient highway access makes this a strong option for owner-users or investors seeking an affordable commercial property in a small-town setting. Property is being sold as is. Buyer to verify permitted uses and zoning.

Commercial Active

Price

^$ 150,000

Property Type

Commercial

Taxes

^$ 3,896

Style

Commercial

Lot Size

1.49

Year Built

1963

Town/City

Wapello

County/Region

Louisa

MLS | Web ID

12548862

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1963

Electric Circuit Breakers

Stories Count 1

Township N/A

Property Subtype Warehouse

Tax Year 2024

Current Use Commercial

Gross Income 0

County Louisa

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Commercial

Status New

Directions From Casey's in Wapello travel South on US Highway 61 for 1 mile. Property is located on the West side of the Highway. Look for signs.

City Wapello

Number Of Units Total 1

MLS Area Wapello

Lot Size Square Feet 64910

Tax Annual Amount 3896

Additional Parcels Y/N Y

Leasable Area 10130

Standard Status Active

Exterior

Building Area Total 10130

Lot Dimensions 1.49 acres

Lot Size Acres 1.49

* Excluded Features

List By

Peoples Company

Broker

alan@peoplescompany.com

Affordability Calculator

$1,248

Per Month

Monthly Principal & Interest: $924
Monthly Property Taxes: $325
Monthly Home Insurance: --

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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 Wapello, IA

Average List Price ^$0

Percent of Sale Price 100%

About Wapello, IA

2,049 Population

-5% Since 2002

^$50,915 Median Income

40.41 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$150,000		Listed Price

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301 US Highway 61 S, Wapello, IA, 52653 is a Commercial Property for sale at $150,000 with 10,130 sqft and a lot size of 1.49. 301 US Highway 61 S was built in 1963. The property's zip code is 52653 which is in Wapello, 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 for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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.

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Data is updated as of 1/19/2026.

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301 US Highway 61 S

Commercial Property for sale in Wapello, IA

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