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Central Business District Auto Repair Building
For Sale
Contact for pricing
Pending

1001 3rd Street, Perry, IA 50220

Heated and cooled building with separate shop areas and three 10x8 overhead doors, currently operating as an auto repair and parts store.

Property Size9,452 SF
Days on Market142

Property Features for 1001 3rd Street

General Information

Standard status Pending
Size 9,452 SF
Property subtype Special Purpose

Additional Details

Drive-In Doors 3
Listing Agency: Century 21 Signature Real Estate Ankeny
Listed By: George McGuire · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 29 at 9:37AM

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 Century 21 Signature Real Estate Ankeny

Investment Insights

Based on property information with market context.

This central business district building includes approximately 9,452 SF of heated and cooled space with a separate shop layout and three 10x8 overhead doors. The property is currently used as an auto repair shop and auto parts store, and the configuration supports repurposing for other commercial uses.

The current lease is month-to-month, with the tenant indicating they would consider a longer-term arrangement if rate increases are acceptable. The building’s shop-door access makes it well-suited for service and light industrial style operations that benefit from roll-up overhead entrances.

As offered for sale, the property provides an enclosed working facility built around its existing shop and overhead door setup, with flexibility for future commercial use depending on the tenant’s requirements.

Key Highlights

  • Central Business District building in Perry, IA with 9,452 SF of heated and cooled space
  • Separate shop area plus three 10x8 overhead doors
  • Currently operating as an auto repair and parts store, with space that could be repurposed for other commercial uses

Property Analytics

Current Use

All Outdoor Power ... (Bike/Boat/Book/etc) Store NAPA - Auto Parts ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Spa & Massage Center Big Box & Wholesale Store Gym & Fitness Center

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

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby
70k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 29% Groceries 11% Home Improvements & Furnishings 7%
McDonald's Dining
14,581 visits/mo 0.5 miles
Kwik Trip Shops & Services
8,893 visits/mo 0.4 miles
Casey's Shops & Services
8,585 visits/mo 0.3 miles
Fareway Groceries
8,025 visits/mo 0.1 miles
Dollar Tree Shops & Services
7,397 visits/mo 0.3 miles

Demographics for 50220, IA

9,045
Population
3,925
Households
2.3
Avg Household Size
37
Median Age
17%
College-Educated
87%
High-School Grad
100.5 sq mi
ZIP Area
90
Density / Sq Mi
$68,750
Median Household Income
$38,195
Median Earnings
$883
Median Rent
$146,200
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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Similar Off Market Nearby

  • McKee RV 400 1st Ave, Perry, IA 50220
  • Bretts Auto Body 904 Center St, Perry, IA 50220
  • R & R Auto Services 805 Railroad St, Perry, IA 50220
  • Harlow's Automotive & Paint 813 Railroad St, Perry, IA 50220
  • Gios garage 1211 Otley Ave, Perry, IA 50220

Frequently Asked Questions

What type of property is this?
Auto shop - Heated and cooled building with separate shop areas and three 10x8 overhead doors, currently operating as an auto repair and parts store.
Where is this auto shop located?
The property is located at 1001 3rd Street Perry, IA.
What are key features of this property?
This property features: Central Business District building in Perry, IA with 9,452 SF of heated and cooled space; Separate shop area plus three 10x8 overhead doors; Currently operating as an auto repair and parts store, with space that could be repurposed for other commercial uses
More about this property
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