Building Details

Year built 1990

Floors in Building 1

Flooring type Concrete

Building materials Brick

Roof type Asphalt

Listing Agency: KW Elite powered by KW 1Advantage · Keller Williams Realty Show Phone

Listed By: Dianne Granger · License #S66680000 Show Phone

Added: Aug 1 Changed: Sep 4 Last Checked: Sep 5 at 8:06AM

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MLS# 155360

Copyright © 2026 East Central Iowa Association of Realtors. 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 space occupies the lower unit at the rear of the building and includes a heated 3-car garage, one bathroom, and room for parking. Brick construction, concrete flooring, an asphalt roof, and public water and sewer service are in place. The property was built in 1990 and carries Commercial zoning.

The space is next to the fire department and close to a local park and other businesses in Asbury. Signage can help direct visitors to the rear location. The layout may accommodate a cleaning business, car detailing or washing operation, smoothie business, or personal training use, as identified for the space. A 2-year lease is required.

Key Highlights

• Heated 3‑car garage included
• Lower commercial unit located behind the building
• One bathroom and ample space for parking

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Electrical Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

Explore this area Business Placement

Demographics for 52002, IA

17,177

Population

7,535

Households

2.3

Avg Household Size

41

Median Age

40%

College-Educated

97%

High-School Grad

29.2 sq mi

ZIP Area

588

Density / Sq Mi

$88,060

Median Household Income

$50,161

Median Earnings

$1,051

Median Rent

$273,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Lower commercial unit with a heated garage, restroom, and ample parking area.

Where is this retail space located?

The property is located at 5555 Saratoga Road Asbury, IA.

What is the lease rate?

The lease rate is $1,400/Mo.

What are key features of this property?

This property features: Heated 3‑car garage included; Lower commercial unit located behind the building; One bathroom and ample space for parking