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Leased Drug Store Property
New
For Sale
$52,900

109/113 N 3RD ST, Laurens, IA 50554

Commercial, Laurens, IA

Property Size5,400 SF
Lot Size0.15 Acres
Price / SF$9.80
Days on Market2

Property Features for 109/113 N 3RD ST

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 19151-127107022
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See abstract
Tax Annual Amount 1430
Legal Description See abstract

Building Details

Year built 1899
Listing Agency: Compass Real Estate of NW IA
Listed By: Selena Flores
Added: Oct 8 Last Checked: Oct 9 at 7:06PM
MLS# 834909

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 drug store property contains a 5,400-square-foot building on a 0.15-acre lot. Built in 1899, the building is currently leased to a tenant.

The property is located at 109/113 N 3rd St in Laurens, Iowa, in Pocahontas County.

Key Highlights

  • 5,400‑square‑foot building
  • 0.15‑acre lot
  • Currently leased to an existing tenant

Property Analytics

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Current Use

Drug stores

Suggested Use

Top Pick Dental Office Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop 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.

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50554, IA

1,649
Population
809
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
92.3 sq mi
ZIP Area
18
Density / Sq Mi
$63,618
Median Household Income
$41,845
Median Earnings
$738
Median Rent
$85,600
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
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Frequently Asked Questions

What type of property is this?
Drug store - An existing tenant occupies this commercial property in Laurens.
Where is this drug store located?
The property is located at 109/113 N 3RD ST Laurens, IA.
What is the asking price?
The asking price for this property is $52,900.
What are key features of this property?
This property features: 5,400‑square‑foot building; 0.15‑acre lot; Currently leased to an existing tenant
More about this property
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