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Monticello Retail Space For Sale
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232 E 1st St, Monticello, IA 52310

10,868 SF retail space in downtown Monticello, Iowa.

Property Size10,868 SF
Price / SF$29.90
Days on Market707

Property Features for 232 E 1st St

General Information

Standard status Active
Size 10,868 SF
Property subtype Retail

Building Details

Year Built 1900
Listing Agency: Cushman & Wakefield - West Des Moines, Iowa
Listed By: Ryan Fitzpatrick · License #lA S65178000
Source: Crexi
Added: Aug 23, 2024 Changed: Jul 6 Last Checked: Jul 30 at 12:11PM

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 - West Des Moines, Iowa

Investment Insights

Based on property information with market context.

Located in downtown Monticello, this 10,868 SF retail space benefits from high foot traffic and excellent visibility. The property is surrounded by a mix of local shops, restaurants, and essential services, providing access to a vibrant and local customer base. The open floor plan allows for tailoring the space to specific needs, accommodating various retail formats. This property presents an investment opportunity in Monticello, suitable for expanding a current business or starting a new one. Note that there are restricted uses: percentage of sales of any competitive good to Theisen’s Home, Farm & Auto relocating.

Key Highlights

  • Prime downtown Monticello location with high foot traffic and excellent visibility.
  • Spacious 10,868 SF versatile layout suitable for various retail formats.
  • Significant investment potential due to Monticello's growth.

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.

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
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Frequently Asked Questions

What type of property is this?
Retail space - 10,868 SF retail space in downtown Monticello, Iowa.
Where is this retail space located?
The property is located at 232 E 1st St Monticello, IA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime downtown Monticello location with high foot traffic and excellent visibility.; Spacious 10,868 SF versatile layout suitable for various retail formats.; Significant investment potential due to Monticello's growth.
(319) 900-6032 Call to check price and availability
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