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Historic Storefront with Inventory
For Sale
$55,000

108 Elm Street, Farmington, IA 52626

COMMERCIAL - Other - Farmington, IA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market33

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 Ductless (Heating), Forced Air
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: Aug 19 Last Checked: Aug 24 at 3:06AM
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 storefront property includes the building, equipment, retail merchandise, and products currently on site. The offering incorporates an established sporting goods business that began operating in 1973, providing an existing commercial setup for a successor. The property is being sold as-is.

Built in 1895 on 0.25 acres, the building features metal siding, wood and concrete flooring, ductless heating and cooling, forced-air heat, public water, and rubber and asphalt roofing. On-street parking serves the property. The interior may also support separation into two entities, allowing the spaces to be used independently, subject to applicable requirements.

Key Highlights

  • Storefront, equipment, retail goods, and products included in the offering
  • Established sporting goods business operating since 1973
  • 1895 building on 0.25 acres

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Storage Facility Garden Center Grocery & Convenience Store Kitchen & Bath Showroom

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Established retail property offered with existing equipment, merchandise, and products for continued commercial use.
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: Storefront, equipment, retail goods, and products included in the offering; Established sporting goods business operating since 1973; 1895 building on 0.25 acres
More about this property
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