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Updated Storefront with Loft
New
For Sale
$79,900

119 S 3rd St, Knoxville, IA 50138

C-4-zoned storefront with an open main area, rear outdoor space, and basement storage for mechanical systems.

Property Size1,200 SF
Price / SF$66.58
Days on Market2

Property Features for 119 S 3rd St

General Information

Standard status Active
Size 1,200 SF
Zoning C-4

Amenities

Covered/Screened area to rear outdoor space

Building Details

Year Built 1900
Listing Agency: Iowa Realty Knoxville
Listed By: Hannah Nicholson
Source: Kwlegacyrealty
Added: Sep 19 Last Checked: Sep 20 at 1:24PM

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 Iowa Realty Knoxville

Investment Insights

Based on property information with market context.

This storefront property offers an open main area, a small upper loft at the rear, and a basement used for mechanical systems and storage. The front façade has been updated in recent years, with work completed in 2023. A covered and screened area extends to rear outdoor space.

The building is positioned on the east side of Knoxville town square. Access to the upper level is provided by a shared stairway, and the hallway is shared with the adjoining building. The upper level includes former apartment areas. Future use will require buyer due diligence with the City of Knoxville and applicable entities. The property is zoned C-4 and was built in 1900.

Key Highlights

  • C‑4 zoning
  • Open main area with a small upper loft at the rear
  • Basement provides space for mechanical systems and storage

Property Analytics

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Current Use

Gibson Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Pharmacy Grocery & Convenience Store

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

452
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Phillips 66 Shops & Services
3,059 visits/mo 0.3 miles
Wells Fargo Shops & Services
2,752 visits/mo 0.1 miles
Peace, Love & Little Donuts Dining
987 visits/mo 0.2 miles

Demographics for 50138, IA

11,631
Population
5,181
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
168.1 sq mi
ZIP Area
69
Density / Sq Mi
$76,887
Median Household Income
$46,580
Median Earnings
$815
Median Rent
$169,900
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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Similar Off Market Nearby

  • Marsh's Garden 601 S 3rd St, Knoxville, IA 50138
  • Blooms of Iowa, LLC 213 E Main St #103, Knoxville, IA 50138

Frequently Asked Questions

What type of property is this?
Storefront property - C-4-zoned storefront with an open main area, rear outdoor space, and basement storage for mechanical systems.
Where is this storefront property located?
The property is located at 119 S 3rd St Knoxville, IA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: C‑4 zoning; Open main area with a small upper loft at the rear; Basement provides space for mechanical systems and storage
More about this property
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