Building Details

Year Built 1900

Listing Agency: Edge Realty Group Show Phone

Listed By: Jaime Hymer Show Phone

Source: Pinnaclerealtyia

Added: Feb 2 Changed: Oct 19 Last Checked: Oct 20 at 5:50PM

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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 Edge Realty Group

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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

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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 Barber Shop

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

Explore this area Business Placement

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 Street 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.