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    232 E 1St St Monticello, IA 52310

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    For Sale
    $652,080

    10,868 SF retail space in downtown Monticello, Iowa.

    Property size:
    10,868 SF
    Lot size:
    0.19 Acres

    Property Features for 232 E 1St St

    General Information

    Size
    10,868 SF
    Lot size
    0.19 Acres

    Source: Cushman & Wakefield Agent Ryan Fitzpatrick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monticello Retail Space For Sale

    Located in downtown Monticello, Iowa, this retail property offers 10,868 square feet of versatile space suitable for various retail formats. The property benefits from high foot traffic and excellent visibility, surrounded by a mix of local shops, restaurants, and essential services. The open floor plan allows for customization to specific business needs. This location presents an investment opportunity within Monticello’s growing market. Note that there are restricted uses: percentage sales of any competitive good to Theisen’s. Theisen’s Home, Farm & Auto is relocating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Theisen's Home Farm ... Department Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Jones
    State
    Iowa
    Longitude
    -91.18707
    Latitude
    42.237896

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    FAQs

    What type of property is this?
    Retail space - 10,868 SF retail space in downtown Monticello, Iowa.
    Where is this retail space located?
    The property is located at 232 E 1St St Monticello, IA.
    What is the asking price?
    The asking price for this property is $652,080.
    What are key features of this property?
    This property features: - Prime downtown Monticello location with high foot traffic and excellent visibility.; - Spacious 10,868 SF versatile space suitable for various retail formats.; - Rare investment opportunity in a growing Monticello market.
    (319) 431-1898
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    Monticello, IA 52310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    232 E 1St St Monticello, IA 52310
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