Building Details

Year Built 1916

Units 2

Listing Agency: Oakridge Real Estate s***@gmail.com Show Phone

Listed By: Gabrielle Mitchell · License #***

Source: Crexi

Added: Mar 26 Changed: Aug 29 Last Checked: Aug 29 at 10:16PM

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Investment Insights

Based on property information with market context.

This retail storefront at 401 W Main Street in New Providence, Iowa, includes the existing hardware business along with its merchandise, display shelving, and operating fixtures. The commercial layout supports hardware and general retail use, allowing the business and its physical setup to transfer together.

A connected business front is currently rented, adding a separate occupied component to the property. The site has served the local community as a hardware store for many years and combines an established retail operation with additional space within the same building.

Key Highlights

• Existing hardware business transfers with merchandise, shelving, and fixtures
• Commercial layout supports hardware and general retail use
• Connected business front is currently rented

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center Kitchen & Bath Showroom

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

21

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50206, IA

497

Population

202

Households

2.5

Avg Household Size

38

Median Age

42%

College-Educated

88%

High-School Grad

46.0 sq mi

ZIP Area

11

Density / Sq Mi

$105,526

Median Household Income

$41,406

Median Earnings

$589

Median Rent

$115,900

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?

Storefront property - Commercial storefront includes an operating hardware business, merchandise, fixtures, and a separately rented adjoining business front.

Where is this storefront property located?

The property is located at 401 W Main Street New Providence, IA.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Existing hardware business transfers with merchandise, shelving, and fixtures; Commercial layout supports hardware and general retail use; Connected business front is currently rented