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Historic Storefront with Courtyard
For Sale
$289,000

11 Benton Ave E, Albia, IA 52531

Former hospitality and meeting venue includes commercial kitchen equipment and a private outdoor area.

Property SizeContact for details
Days on Market222

Property Features for 11 Benton Ave E

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $9,376
Listing Agency: Real McCoy Realty LLC
Listed By: Renee Peterson-Howell · License #***
Source: Exprealty
Added: Jan 20 Changed: Aug 30 Last Checked: Aug 30 at 12:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real McCoy Realty LLC

Investment Insights

Based on property information with market context.

This historic storefront property at 11 Benton Ave E offers approximately 7,040 square feet on the north side of Albia Square. The building previously accommodated restaurant, bar, and meeting functions, with existing commercial kitchen equipment, tables, chairs, and other contents included in the sale. Four furnaces and four central air units support year-round building comfort.

A private courtyard provides additional space for outdoor seating or special events. The existing configuration and included contents support continued restaurant, bar, retail, office, meeting, event, spa, or similar commercial use, subject to applicable approvals. Potential reuse options identified for the building also include conversion into suites or apartments.

Key Highlights

  • Approximately 7,040 SF historic storefront property
  • North side of Albia Square at 11 Benton Ave E
  • Commercial kitchen equipment, tables, chairs, and other contents included

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Kitchen & Bath Showroom 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

316
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
14,422 visits/mo 0.1 miles
BP Shops & Services
5,586 visits/mo 0.0 miles
O'Reilly Auto Parts Shops & Services
1,717 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
887 visits/mo 0.1 miles
Albia Ford Shops & Services
841 visits/mo 0.1 miles

Demographics for 52531, IA

5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
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
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Similar Off Market Nearby

  • Blooms & Things 8 S Main St, Albia, IA 52531

Frequently Asked Questions

What type of property is this?
Storefront property - Former hospitality and meeting venue includes commercial kitchen equipment and a private outdoor area.
Where is this storefront property located?
The property is located at 11 Benton Ave E Albia, IA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Approximately 7,040 SF historic storefront property; North side of Albia Square at 11 Benton Ave E; Commercial kitchen equipment, tables, chairs, and other contents included
More about this property
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