108 W Hammond St 3,200 SF 100% Leased Retail Building Red Oak, IA 51566 $320,000 ($100/SF)

Built in 2018, this 40’ × 80’ (3,200 SF) commercial building offers a clean, modern, and highly functional space ideal for contractors, trades, light industrial use, storage, or owner-user operations. The property is zoned Commercial and designed with durability, efficiency, and long-term flexibility in mind. The clear-span steel-frame structure features 15’ sidewalls, a reinforced grade-beam foundation system (2’ on-center grade beams, 5’ in-ground), and a 6” insulated concrete slab with radiant in-floor heat, providing excellent structural integrity and efficient, even heating throughout the building. Access and functionality are strong with (2) 16’ ×12’ insulated overhead doors with commercial operators, three walk doors, and on-site parking. The fully insulated interior is supported by 200-amp electrical service and is plumbed for three bathrooms (one completed), along with a shower in the utility room, allowing flexibility for staff facilities, locker rooms, or future buildout. Additional exterior features include durable metal siding, 8” gutters and downspouts routed to the street, and a 90-mph wind rating, reflecting thoughtful construction and attention to drainage and longevity. This well-maintained property offers a rare combination of modern construction, strong infrastructure, and commercial zoning, making it an excellent opportunity for an owner-user or investor seeking a low-maintenance, adaptable commercial asset.