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Brick Storefront Building
New
For Sale
$149,900

118 W Adams Street, Mount Ayr, IA 50854

Commercial Sale, Mount Ayr, IA

Property Size2,650 SF
Lot Size0.20 Acres
Price / SF$56.57
Days on Market2

Property Features for 118 W Adams Street

General Information

Property type Commercial Sale
Property subtype Other
Directions North one block from NW corner of Mount Ayr square
Standard status Active
APN 006324
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S 1/2 LOT 143 & 144 O P
Tax Annual Amount 2432
Legal Description S 1/2 LOT 143 & 144 O P

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1910
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: South Central Iowa Realty
Listed By: Wanda Hosfield
Added: Sep 1 Last Checked: Sep 2 at 9:06AM
MLS# 6342212

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 brick storefront property dates to 1910 and contains 2,650 square feet, including additions completed in 2006 and 2007. The existing layout has most recently supported sandwich and coffee service alongside retail sales. The property may also accommodate office, retail, or food-service uses, while the source information identifies apartment or bed-and-breakfast conversion as possible future configurations.

Located at 118 W Adams Street in Mount Ayr, the building sits on 0.2 acres. Public water serves the property, and heating is provided by a forced-air system. The building’s commercial format and prior operating history provide a foundation for continued retail or food-service occupancy.

Key Highlights

  • 2,650‑square‑foot brick storefront property built in 1910
  • Additions completed in 2006 and 2007
  • Most recently used for sandwich and coffee service with retail sales

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Grocery & Convenience Store Bakery Furniture & Home Goods

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

247
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Dollar General Shops & Services
4,014 visits/mo 0.4 miles
SUBWAY Dining
2,469 visits/mo 0.4 miles
Cenex Shops & Services
1,417 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,104 visits/mo 0.2 miles
U.S. Bank Shops & Services
1,094 visits/mo 0.2 miles

Demographics for 50854, IA

2,223
Population
1,070
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
95%
High-School Grad
138.9 sq mi
ZIP Area
16
Density / Sq Mi
$69,352
Median Household Income
$41,122
Median Earnings
$712
Median Rent
$151,400
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
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Frequently Asked Questions

What type of property is this?
Storefront property - The building includes later additions and has served as a sandwich and coffee shop with retail sales.
Where is this storefront property located?
The property is located at 118 W Adams Street Mount Ayr, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2,650‑square‑foot brick storefront property built in 1910; Additions completed in 2006 and 2007; Most recently used for sandwich and coffee service with retail sales
More about this property
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