Building Details

Building Size 10,000 SF

Year Built 1911

Construction brick

Listing Agency: Century 21 Prolink i***@c21prolink.com Show Phone

Listed By: Kj Wingert · License #S69502000 Show Phone

Source: Stormlakehomessite

Added: Dec 26, 2023 Changed: Oct 24 Last Checked: Oct 24 at 3:31PM

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Investment Insights

Based on property information with market context.

At 260-262 S Washington Street, this retail property occupies a corner lot in downtown Remsen. The 1911 brick building is undergoing restoration, including installation of new commercial windows and doors. Its 2,538 sf of space can be configured as one business or divided into two, with a separate front entrance setup and utility meters planned for each space. Basement space is available as an option.

The owner is willing to contract for a tenant’s build-out. The landlord’s intended lease structure is modified gross, and free city parking is available.

Key Highlights

• 2,538 sf of retail space, divisible into two areas
• 1911 brick building undergoing restoration
• New commercial windows and doors

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Pharmacy Furniture & Home Goods Kitchen & Bath Showroom Carpet & Flooring Store

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

179

Businesses Nearby

Explore this area Business Placement

Demographics for 51050, IA

2,625

Population

1,115

Households

2.4

Avg Household Size

42

Median Age

16%

College-Educated

92%

High-School Grad

139.5 sq mi

ZIP Area

19

Density / Sq Mi

$101,691

Median Household Income

$46,061

Median Earnings

$1,014

Median Rent

$219,100

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

Frequently Asked Questions

What type of property is this?

Retail space - Corner-lot commercial space features tall ceilings and a front entrance configured for two businesses.

Where is this retail space located?

The property is located at 260-262 S Washington Street Remsen, IA.

What are key features of this property?

This property features: 2,538 sf of retail space, divisible into two areas; 1911 brick building undergoing restoration; New commercial windows and doors