Listing Agency: Smart Moves p***@yahoo.com Show Phone

Listed By: Patrick O'Leary · License #IA B39473

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Aug 9 at 6:20AM

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Investment Insights

Based on property information with market context.

This for-sale downtown retail storefront is positioned next door to Wylie Eye Care. As it sits, the property is currently leased at $650 per month, and any required build-out would need to be negotiated.

The owner is planning to install a new bathroom and a new HVAC system. The existing HVAC is currently shared with the next-door tenant, and electric will be separately metered.

Key Highlights

• Downtown storefront next door to Wylie Eye Care
• Current lease rate as the property sits is $650/mo
• Owner plans to install a new bathroom

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Restaurant Skin Care Clinic Furniture & Home Goods

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

431

Businesses Nearby

Explore this area Business Placement

Demographics for 51401, IA

12,248

Population

5,576

Households

2.2

Avg Household Size

43

Median Age

26%

College-Educated

95%

High-School Grad

168.6 sq mi

ZIP Area

73

Density / Sq Mi

$64,458

Median Household Income

$45,938

Median Earnings

$720

Median Rent

$192,100

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

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Frequently Asked Questions

What type of property is this?

Retail space - Downtown storefront next door to Wylie Eye Care, with owner planned bathroom and HVAC upgrades.

Where is this retail space located?

The property is located at 202 W 5th Street Carroll, IA.

What are key features of this property?

This property features: Downtown storefront next door to Wylie Eye Care; Current lease rate as the property sits is $650/mo; Owner plans to install a new bathroom