Listing Agency: Van Metre Iowa Realty

Listed By: Valerie Alkire · License #IA S34536

Source: Crexi

Added: Apr 12 Changed: Aug 16 Last Checked: Sep 4 at 5:13AM

Report an Issue

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 Van Metre Iowa Realty

Investment Insights

Based on property information with market context.

This property offers flexible space for a shop, garage, office, or other small business, with functional automotive improvements already in place. The site includes a 10x10 overhead door and a canopy, supporting practical vehicle access and covered work or staging. It is also equipped with 3-phase wiring, which can be beneficial for certain equipment-based operations.

Located at 103 South Main Street in Laurel, Iowa, the property is positioned for visibility with a high-profile location right on Highway 14.

Overall, the existing garage-style entry and utilities make the building well-suited for buyers seeking an adaptable commercial setup that can accommodate both work areas and office space.

Key Highlights

• High‑profile location right on Highway 14, suited for a shop, garage, office, or small business
• Includes a 10x10 overhead door
• Has a canopy

Property Analytics

Property Profile

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Drive-in doors

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50141, IA

518

Population

262

Households

2

Avg Household Size

49

Median Age

16%

College-Educated

97%

High-School Grad

37.2 sq mi

ZIP Area

14

Density / Sq Mi

$75,625

Median Household Income

$43,194

Median Earnings

$713

Median Rent

$139,000

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Laurel Diesel Service — 105 E Market St, Laurel, IA 50141
• Verg's Garage — 101 E Market St, Laurel, IA 50141

Frequently Asked Questions

What type of property is this?

Auto shop - High-profile location on Highway 14 with a 10x10 overhead door, canopy, and 3-phase wiring for shop or office use.

Where is this auto shop located?

The property is located at 103 South Main Street Laurel, IA.

What are key features of this property?

This property features: High‑profile location right on Highway 14, suited for a shop, garage, office, or small business; Includes a 10x10 overhead door; Has a canopy