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Gas Station Convenience Store
For Sale
$189,900

103 Highway 31, Quimby, IA 51049

Commercial, Quimby, IA

Property SizeContact for details
Lot Size0.33 Acres
Days on Market430

Property Features for 103 Highway 31

General Information

Property type Commercial Sale
Property subtype Other
Lot features Other- See Comments
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 1412151001
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description Center Fr Lot 6 SW NW IRR SUR 5217
Tax Annual Amount 1790
Legal Description Center Fr Lot 6 SW NW IRR SUR 5217

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

canopy
shed

Building Details

Year built 1988
Roof type Metal
Listing Agency: Northwest Realty Inc
Listed By: Carl Nelson · License #S37342
Added: Jul 15, 2025 Changed: Sep 17 Last Checked: Sep 17 at 11:06PM
MLS# 829481

Copyright © 2026 Northwest Iowa Regional Board 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 convenience store and fueling property occupies 0.33 acres at 103 Highway 31 in Quimby, Iowa. The site includes two gas pumps beneath a 24' x 24' canopy, along with an 8' x 18' shed. New gas pumps were installed in January 2025, and additional improvements have been completed within the last 3 years.

The 1988 property has forced-air heating, central air, and a metal roof. The sale includes the real property, fixtures, and equipment; inventory is negotiable. Its Highway 31 address places the store along a highway-oriented commercial route.

Key Highlights

  • Two gas pumps installed in January 2025
  • 24' x 24' canopy over the fueling area
  • 8' x 18' shed included on the property

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Pet Store Pet Store & Service Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 51049, IA

425
Population
268
Households
1.6
Avg Household Size
51
Median Age
14%
College-Educated
87%
High-School Grad
45.0 sq mi
ZIP Area
9
Density / Sq Mi
$52,625
Median Household Income
$37,500
Median Earnings
$636
Median Rent
$102,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Convenience retail property with fuel service, a covered pump area, and included fixtures and equipment.
Where is this gas station located?
The property is located at 103 Highway 31 Quimby, IA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two gas pumps installed in January 2025; 24' x 24' canopy over the fueling area; 8' x 18' shed included on the property
More about this property
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