Convenience Store with Event
For Sale
$200,000
114 S Prairie Street, Russell, IA 50238
Operating market business includes inventory, supplies, equipment, and outdoor gathering improvements.
Property SizeContact for details
Days on Market261
Property Features for 114 S Prairie Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Business Included
Yes
Patio
Yes
Taxes and HOA fees
Annual Taxes
$1,696
Amenities
stage
private yard area
Building Details
Year Built
1940
Units
1
Listing Agency:
Masters Realty LLC
(641) 203-1881
Listed By:
Hilary Masters · License #***
(641) 203-1881
Source:
Sweeneyrealestate
Added: Dec 5, 2025
Changed: Aug 22
Last Checked: Aug 23 at 12:16PM
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 Masters Realty LLC
Investment Insights
Based on property information with market context.
The Last Chance Market is an operating grocery and convenience store business at 114 S Prairie Street in Russell, Iowa. The sale includes the store’s inventory, supplies, and equipment, providing a business package with existing operating components. The property was built in 1940.
Outdoor improvements occupy approximately half a block and include a patio, stage, furniture, and a private yard. These features support on-site gatherings, entertainment, and other event-oriented uses as part of the property’s current configuration.
Outdoor improvements occupy approximately half a block and include a patio, stage, furniture, and a private yard. These features support on-site gatherings, entertainment, and other event-oriented uses as part of the property’s current configuration.
Key Highlights
- Sale includes inventory, supplies, and equipment
- Outdoor area spans approximately half a block
- Patio, stage, furniture, and private yard included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50238, IA
1,071
Population
585
Households
1.8
Avg Household Size
46
Median Age
16%
College-Educated
88%
High-School Grad
100.7 sq mi
ZIP Area
11
Density / Sq Mi
$67,708
Median Household Income
$40,481
Median Earnings
$739
Median Rent
$82,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating market business includes inventory, supplies, equipment, and outdoor gathering improvements.
Where is this grocery and convenience store located?
The property is located at 114 S Prairie Street Russell, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Sale includes inventory, supplies, and equipment; Outdoor area spans approximately half a block; Patio, stage, furniture, and private yard included
