Beautiful Historic Building & Turn-Key Business Opportunity on Albia Square Discover a rare opportunity to own a stunning historic building with a turn-key business setup on the north side of Albia Square. Offering approximately 7,040 square feet of usable space, this versatile property allows you the freedom to bring your vision to life. Previously operated as a restaurant, bar, and meeting space, the building is well-suited for a wide range of possibilities, including a restaurant or bar, retail space, professional offices, meeting or wedding venue, event center, spa, or even potential conversion into suites or apartments. The sale includes all existing contents, featuring commercial kitchen equipment, tables, chairs, and more—making this a true plug-and-play opportunity. Guests will appreciate the charm of the private courtyard, ideal for special events and outdoor seating. For year-round comfort, the building is equipped with four furnaces and four central air units. With its prime location, unique character, and endless potential, this property stands out as one of Albia Square’s most exciting offerings. Don’t miss your chance to own a one-of-a-kind building with history, charm, and opportunity. Schedule a showing today and explore the possibilities.
The Cutest Brick Commercial Building in a Prime Location! This charming, well-maintained brick building has been home to the Hair Gallery for many successful years, and now it's ready for its next chapter! With its classic design, solid structure, and warm character, this property truly feels like a dollhouse for your business. Inside, you'll find a spacious layout with beautiful hardwood floors and wainscoting, laundry hookups, and plenty of storage throughout. The building includes a restroom, tanning room, breakroom/storage area, and a private office, all thoughtfully arranged for comfort and efficiency. While it has been a thriving beauty and tanning salon, the real beauty of this property is its versatility. Imagine the possibilities: Hair or nail salon, Coffee or gift shop, Professional Office (insurance, attorney, real estate), Massage or wellness center, Apartment or income-producing rental. With its cozy feel, prime visibility, and undeniable charm, this property is it!
Versatile 60x200 shop with finished living quarters 4 miles north of Albia, Iowa, only 1/8 mile off Hwy 137 offering rare opportunity and income potential. Built in 2021, it is spray foam insulated, heated, and full concrete with 18-ft sidewalls and five automatic overhead doors—two 20x16 and three 14x16—making it ideal for equipment, vehicles, or commercial use. The main level provides approx. 1,400 sq ft of finished space including an office/kitchen, bathroom, storage, and a concrete safe room. The east half of the shop is currently leased at $1,800/month, offering immediate rental income. Upstairs, the 1,600 sq ft one-bedroom living quarters feature a spacious kitchen with a 4x8 insulated window that opens onto a future deck (18-ft header in place), creating a modern layout suitable for full-time living or weekend use. Combined with the office/storage, there is over 3,000 sq ft of finished interior space in addition to the main shop. With its rural setting, excellent access, secure safe room, rental income, and the ability to serve as farm headquarters, business base, or unique live/work setup, this property delivers a rare combination of function and opportunity.
New Commercial Building – Albia, Iowa - Brand new 50' x 72' commercial building in a prime location just off Main Street (Hwy 5) near the Hwy 5 and Hwy 34 intersection. Zoned commercial and positioned in an active business district, this property offers unmatched flexibility for a variety of uses. Features include a 20' concrete apron with covered entry, 20' x 14' overhead door with electric opener, radiant heating, and fully lined and insulated interior (spray foam sidewalls and blow-in attic insulation). Full concrete floor, electric, and water service are in place, along with a bathroom equipped with a stool and plumbing for a sink. Perfect for warehouse, workshop, light manufacturing, owner-operated business, investment rental, or storage. With additional interior finishing, it could easily be set up for offices, retail, or a shop/office combination. Benefit from new construction tax abatement, high visibility, easy access from major highways, and proximity to other thriving businesses in a growing community.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Albia is located in Iowa. Albia, Iowa has a population of 3,692. Albia is more family-centric than the surrounding county with 39.77% of the households containing married families with children. The county average for households married with children is 32.06%.
The median household income in Albia, Iowa is $54,282. The median household income for the surrounding county is $69,929 compared to the national median of $69,021. The median age of people living in Albia is 39.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 38.1 inches per year, with 25 inches of snow per year.
