Freestanding Retail
For Sale
Contact for pricing
2505 280th St, Montrose, IA 52639
Vacant, one-story commercial space with dual-road access and on-site parking.
Property Size9,092 SF
Lot Size1.88 Acres
Days on Market16
Property Features for 2505 280th St
General Information
Standard status
Active
Size
9,092 SF
Total Parking Spaces
38
Lot size
1.88 Acres
Property subtype
Vacant-User
Site & Location
Traffic Count
7,034 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
ABSOLUTE $1 AUCTION | Former Dollar General | Built 2011 | AUCTION SEPTEMBER 22-24
±9,092 SF Freestanding Value-Add Retail on 1.88 Acres Available at Substantial Discount Below Replacement Cost
Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
Surrounding Traffic Generators: Amoco, Siemens Gamesa, Cryotech, Koch Fertilizer
Highway Frontage & Visibility to 7,034 VPD Traffic Counts on US Hwy-61 | Located along Mississippi River
Attractive Demographics with Annual Household Income of ±$77,365 (5-Mile)
No Zoning Restrictions | Federal Opportunity Zone
Absolute $1 Auction – NO RESERVE!
Building Details
Building Size
9,092 SF
Year Built
2011
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Fort Lauderdale Office
(954) 245-3408
Listed By:
Phil Kates · License #License(s): FL: SL3235872
(954) 245-3408
Source:
Marcusmillichap
Added: Aug 16
Changed: Aug 30
Last Checked: Aug 30 at 1:05PM
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 Fort Lauderdale Office
Investment Insights
Based on property information with market context.
Built in 2011, this vacant, freestanding retail building contains approximately 9,092 gross square feet on a 1.88-acre parcel. The one-story layout was formerly occupied by Dollar General and includes 38 surface parking spaces. A single curb cut serves the site, which has frontage on both 280th Street and U.S. Highway 61, also known as the Blues Highway.
The property is in an unzoned area of Lee County, Iowa, supporting flexibility for the retail, commercial, flex, industrial, warehouse, contractor, and service uses identified in the listing information. Highway 61 provides regional access through the Mississippi River corridor, with Keokuk approximately 15 minutes away, the Illinois border approximately 20 minutes away, Iowa City approximately 90 minutes away, and Davenport approximately two hours away.
The surrounding five-mile trade area includes more than 3,100 residents and average household income exceeding $77,000. Nearby retailers in Keokuk include Walmart Supercenter, Hy-Vee, ALDI, Dollar Tree, Walgreens, and Ace Hardware.
The property is in an unzoned area of Lee County, Iowa, supporting flexibility for the retail, commercial, flex, industrial, warehouse, contractor, and service uses identified in the listing information. Highway 61 provides regional access through the Mississippi River corridor, with Keokuk approximately 15 minutes away, the Illinois border approximately 20 minutes away, Iowa City approximately 90 minutes away, and Davenport approximately two hours away.
The surrounding five-mile trade area includes more than 3,100 residents and average household income exceeding $77,000. Nearby retailers in Keokuk include Walmart Supercenter, Hy-Vee, ALDI, Dollar Tree, Walgreens, and Ace Hardware.
Key Highlights
- ±9,092 gross square feet in a one‑story freestanding retail building
- ±1.88‑acre parcel, equivalent to ±82,036 SF
- 38 surface parking spaces with one curb cut
Property Analytics
Property Profile
Current Use
Lease Details
7,034 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,157 visits/mo
0.2 miles
Demographics for 52639, IA
1,847
Population
768
Households
2.4
Avg Household Size
48
Median Age
10%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
47
Density / Sq Mi
$61,250
Median Household Income
$44,286
Median Earnings
$814
Median Rent
$146,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant, one-story commercial space with dual-road access and on-site parking.
Where is this storefront property located?
The property is located at 2505 280th St Montrose, IA.
What are key features of this property?
This property features: ±9,092 gross square feet in a one‑story freestanding retail building; ±1.88‑acre parcel, equivalent to ±82,036 SF; 38 surface parking spaces with one curb cut
