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Historic Storefront with Retail Inventory
For Sale
$55,000

108 Elm Street, Farmington, IA 52626

Commercial Sale, Farmington, IA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market54

Property Features for 108 Elm Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Basement Unfinished
Appliances Refrigerator
Lot features Irregular Lot
Directions From Hwy 2 turn south for one block on S 2nd St, building is on the corner of S 2nd and Elm
Standard status Active
APN 000721235462140
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 23/66' MID PRT L 5 & SW 30' NE 54' L 5 BLOCK 3
Tax Annual Amount 842
Legal Description 23/66' MID PRT L 5 & SW 30' NE 54' L 5 BLOCK 3

Utilities

Heating system Forced Air, Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 1895
Number of units 1
Flooring type Wood, Concrete
Building materials Metal Siding
Roof type Rubber, Asphalt
Architectural style Other
Listing Agency: Fraise Auction & Real Estate
Listed By: Laura Story · License #***
Added: Jul 23 Changed: Sep 12 Last Checked: Sep 14 at 1:06PM
MLS# 6340749

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial storefront dates to 1895 and is being offered with the retail goods, equipment, products, and fixtures currently inside. The existing business has operated as a sporting goods store since 1973, and the building is being sold as-is. Interior finishes include wood and concrete flooring, while metal siding and asphalt and rubber roofing are part of the construction. Heating is provided by ductless and forced-air systems, with ductless cooling.

The property occupies 0.25 acres at 108 Elm Street in Farmington, Iowa, within Van Buren County. Public water serves the site, and parking is available on the street. The building may be configured as two separate entities, according to the property information, providing flexibility for continued retail use or separate occupancy.

Key Highlights

  • 1895‑built storefront at 108 Elm Street in Farmington, Iowa
  • Existing sporting goods business established in 1973
  • Retail goods, equipment, products, and fixtures included

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Garden Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Farmington Shops & Services
5,633 visits/mo 0.2 miles

Demographics for 52626, IA

1,222
Population
558
Households
2.2
Avg Household Size
48
Median Age
13%
College-Educated
96%
High-School Grad
88.2 sq mi
ZIP Area
14
Density / Sq Mi
$58,580
Median Household Income
$40,515
Median Earnings
$742
Median Rent
$88,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Forever Moore Flowers 103 S 2nd St, Farmington, IA 52626

Frequently Asked Questions

What type of property is this?
Storefront property - Existing retail merchandise, equipment, and fixtures are included with this established commercial storefront.
Where is this storefront property located?
The property is located at 108 Elm Street Farmington, IA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 1895‑built storefront at 108 Elm Street in Farmington, Iowa; Existing sporting goods business established in 1973; Retail goods, equipment, products, and fixtures included
More about this property
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