Building Details

Year Built 1906

Stories 1

Listing Agency: Pinnacle Realty LLC a***@pinnaclerealtyia.com Show Phone

Listed By: Adam Green

Source: Q4realestate

Added: Jul 10 Changed: Aug 30 Last Checked: Aug 30 at 12:59PM

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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 Pinnacle Realty LLC

Investment Insights

Based on property information with market context.

Located at 312 W Wood Street in Urbana, this mixed-use property was built in 1906 and is zoned comm. The commercial area is arranged for salon operations, with two styling stations, a wash station, reception and waiting space, two private offices, and a lounge. An attached one-bedroom apartment is fully rented.

The existing configuration supports the current salon setup while providing distinct work, client, and administrative areas. The property’s layout is also identified as suitable for dog grooming, massage or chiropractic services, insurance operations, professional office use, or boutique retail. The attached residential component adds a separate occupied use within the property.

Key Highlights

• Salon configuration with 2 styling stations and a wash station
• Reception and waiting area, 2 private offices, and lounge space
• Attached 1‑bedroom apartment is fully rented

Property Analytics

Property Profile

Current Use

Spa & wellness properties

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Plumbing Service Pharmacy (Bike/Boat/Book/etc) 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

65

Businesses Nearby

20k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Urbana #1 Shops & Services

15,020 visits/mo 0.4 miles

Dollar General Shops & Services

5,035 visits/mo 0.4 miles

Demographics for 52345, IA

1,572

Population

576

Households

2.7

Avg Household Size

34

Median Age

28%

College-Educated

97%

High-School Grad

3.2 sq mi

ZIP Area

491

Density / Sq Mi

$112,929

Median Household Income

$53,646

Median Earnings

$774

Median Rent

$225,200

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Flexible commercial layout includes salon fixtures, offices, lounge space, and an attached one-bedroom apartment.

Where is this mixed-use property located?

The property is located at 312 W Wood Street Urbana, IA.

What is the lease rate?

The lease rate is $120,000.

What are key features of this property?

This property features: Salon configuration with 2 styling stations and a wash station; Reception and waiting area, 2 private offices, and lounge space; Attached 1‑bedroom apartment is fully rented