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Open-Plan Retail Space
For Lease
$325,000

232 E 1st Street, Monticello, IA 52310

Commercially zoned storefront in downtown Monticello, surrounded by shops, restaurants, and essential services.

Space Size10,868 SF
Days on Market55

Property Features for 232 E 1st Street

General Information

Standard status Active
Size 10,868 SF
Net Rentable 10,868 SF
Property subtype Commercial
Zoning Com

Additional Details

Available Space 10,868 SF

Building Details

Year Built 1900
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Ryan Fitzpatrick
Source: Q4realestate
Added: Jul 10 Changed: Aug 30 Last Checked: Sep 1 at 2:26PM

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 Cushman & Wakefield Iowa Commercial Advisors

Investment Insights

Based on property information with market context.

This retail space at 232 E 1st Street in Monticello offers an open interior layout that can be configured for a variety of retail formats. The building dates to 1900 and carries Com zoning. The property is offered for lease.

The site is positioned in downtown Monticello among local shops, restaurants, and essential services. The existing use framework includes a restriction on the percentage of sales from goods that compete with Theisen’s. Theisen’s Home, Farm & Auto is relocating, and additional details are available through the listing broker.

Key Highlights

  • Open floor plan supports flexible retail configurations
  • Com zoning
  • Downtown Monticello setting at 232 E 1st Street

Property Analytics

Current Use

Theisen's Home Farm ... Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Garden Center Daycare 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Groceries 22% Dining 14% Electronics 3%
Casey's General Store Shops & Services
10,483 visits/mo 0.4 miles
Fareway Groceries
7,706 visits/mo 0.3 miles
BP Shops & Services
4,588 visits/mo 0.1 miles
Dollar Tree Shops & Services
4,553 visits/mo 0.1 miles
SUBWAY Dining
2,501 visits/mo 0.3 miles

Demographics for 52310, IA

6,417
Population
2,937
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
96%
High-School Grad
145.4 sq mi
ZIP Area
44
Density / Sq Mi
$76,946
Median Household Income
$49,063
Median Earnings
$664
Median Rent
$192,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Commercially zoned storefront in downtown Monticello, surrounded by shops, restaurants, and essential services.
Where is this retail space located?
The property is located at 232 E 1st Street Monticello, IA.
What is the lease rate?
The lease rate is $325,000.
What are key features of this property?
This property features: Open floor plan supports flexible retail configurations; Com zoning; Downtown Monticello setting at 232 E 1st Street
More about this property
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