In May 2021, the City of Altoona issued 4 commercial and 14 residential building permits representing over 35,776 square feet of new or improved space and over $5.3 million invested.
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What are the types of commercial buildings?
There are many different types of commercial buildings, each offering its own features and benefits. And when looking for a commercial property or commercial real estate for sale in Iowa, it’s important to understand the different sectors that make up the commercial real estate market. This will help you narrow down the search and find a space that suits the individual needs of your business or client.
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A local baseball coach & business owner swings for the fences
Luke Peterson is always telling his little leaguers to keep their eye on the ball. He should know. While he worked as a ‘captive’ agent in the insurance business for twelve years—meaning that he worked for a single provider—he always had his sights set on going independent.
In 2019, Luke took a swing, founding his own independent company, Luke Peterson Insurance, in Altoona.
As his business and the community around him continue to grow, it seems that he’s hit a home run.
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April 2021 Building Permit Report
In April 2021, the City of Altoona issued 5 commercial and 29 residential building permits representing over 722,022 square feet of new or improved space and over $94.1 million invested.
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Featured Property: Altus Commerce Center in Altoona, IA
Up to 265,200 SF OF PRIME INDUSTRIAL SPACE AVAILABLE TODAY!
Located less than one mile from a large e-commerce center and near two major highways (I-80 and I-35), Altus Commerce Center offers up to 265,200 square feet of industrial space in Altoona, Iowa. Tenants can subdivide the property, and additional land is available for build-to-suit options.
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People of Altoona: Meet Belinda!
For today’s #PeopleofAltoona, we get to know the Rinehart family! Belinda, who works for the Southeast Polk Community School District (along with her daughter), tells the family’s story in her own words…
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Featured Property: 711 8th St SE in Altoona, IA
1.39 ACRES OF DEVELOPMENT-READY COMMERCIAL LAND, AVAILABLE TODAY!
With a growing population, a thriving business scene and four million annual visitors, many commercial businesses are moving to Altoona, IA, a community located just 15 minutes east of Des Moines.
Now, there’s an exciting new opportunity for you to join the movement!
March 2021 Building Permit Report
In March 2021, the City of Altoona issued 14 commercial and 27 residential building permits representing over 363,670 square feet of new or improved space and over $31.7 million invested.
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Things to consider when looking for commercial real estate
Searching for any real estate space – whether it’s office space or commercial real estate – is a surprisingly complex and demanding task. While the rewards are huge for finding the right commercial buildings in the right community, there are many pitfalls along the way. And when you do find the right property for sale, it’s easy to rush into things (similar to how it’s easy to rush into a relationship after a really good first date).
But the best deals, like the best relationships, take time. By moving deliberately, planning for the future, carefully examining all of your options and acknowledging that none of the buildings for sale are perfect, you can find the right commercial real estate space for your business.
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Featured Property: 109 8th Street SE in Altoona, IA
17,985 SQUARE FEET OF DEVELOPMENT-READY OFFICE/RETAIL SPACE AVAILABLE TODAY!
With a growing population, a thriving business scene, a strong local workforce and four million annual visitors, many retail businesses and offices are moving to Altoona, IA, a community located just 15 minutes east of Des Moines.
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