Building Details

Year Built 1956

Tenancy Single

Listing Agency: Doug Gilworth Real Estate

Listed By: Ced Gilworth · License #MO 1999091014

Source: Crexi

Added: Apr 11 Changed: Aug 11 Last Checked: Aug 12 at 12:52PM

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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 Doug Gilworth Real Estate

Investment Insights

Based on property information with market context.

Located in Corydon, Iowa, this retail building sits on the town square and was built in 1956. The property is sized 42 by 160 and totals just over 6,500 square feet. Dollar General currently leases the space, with the lease set to expire in 2023.

Recent improvements include a “rubber” roof installed in 2007 with a 40-year warranty that is non-transferable, plus an HVAC system installed in 2018 on the East side of the building. The commercial entry doors and flooring were also installed around 2010.

The building offers two practical paths for an owner: move into the space as Dollar General is building a new facility and is expected to be out by year end, or pursue an option to run the lease for additional income. Call for lease details.

Key Highlights

• Commercial retail building built in 1956 with just over 6,500 SF (42 x 160).
• Currently leased by Dollar General; lease expires in 2023, with agent available for lease details.
• Roof installed in 2007 with a rubber roof and 40‑year warranty (non‑transferable).

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Building Supply Plumbing Service Dental Office Storage Facility Real Estate Agency

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

291

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 50060, IA

2,581

Population

1,126

Households

2.3

Avg Household Size

41

Median Age

16%

College-Educated

91%

High-School Grad

173.2 sq mi

ZIP Area

15

Density / Sq Mi

$56,779

Median Household Income

$42,070

Median Earnings

$725

Median Rent

$109,200

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

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Similar Off Market Nearby

• The Flower Pot — 104 S Franklin St, Corydon, IA 50060
• 4B Blossoms — 104 S Franklin St, Corydon, IA 50060

Frequently Asked Questions

What type of property is this?

Storefront property - Retail building built in 1956, leasing by Dollar General, with updates including roof and East-side HVAC.

Where is this storefront property located?

The property is located at 108 S Franklin St Corydon, IA.

What are key features of this property?

This property features: Commercial retail building built in 1956 with just over 6,500 SF (42 x 160).; Currently leased by Dollar General; lease expires in 2023, with agent available for lease details.; Roof installed in 2007 with a rubber roof and 40‑year warranty (non‑transferable).