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Tenant-Occupied Storefront Property
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405 Chestnut Street, Atlantic, IA 50022

Lease in place through September 2029 with street parking and private rear parking.

Property SizeContact for details
Days on Market12

Property Features for 405 Chestnut Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Office, Retail, Business for Sale

Building Details

Year Built 1895
Buildings 1
Units 1
Tenancy Single
Listing Agency: Meyer & Gross Real Estate Co
Listed By: Melissa Ihnen · License #IA B43938
Source: Crexi
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 30 at 3:34PM

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 Meyer & Gross Real Estate Co

Investment Insights

Based on property information with market context.

This commercial storefront building dates to 1895 and is occupied by a long-term tenant under a lease extending through September 30, 2029. The existing tenancy provides an established rental arrangement for the property.

Positioned in the historic downtown district of Atlantic, the building has street parking along the front and 2–3 private parking spaces behind it. The property offers a downtown commercial setting with both public and dedicated parking available.

Key Highlights

  • Lease runs through September 30, 2029
  • Commercial storefront building constructed in 1895
  • Long‑term tenant in place

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Dental Office Storage Facility Bakery Cafe & Coffee 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50022, IA

8,052
Population
4,097
Households
2
Avg Household Size
45
Median Age
25%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
47
Density / Sq Mi
$61,347
Median Household Income
$38,680
Median Earnings
$763
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Farmhouse & Flowers 700 Spruce St, Atlantic, IA 50022

Frequently Asked Questions

What type of property is this?
Storefront property - Lease in place through September 2029 with street parking and private rear parking.
Where is this storefront property located?
The property is located at 405 Chestnut Street Atlantic, IA.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Lease runs through September 30, 2029; Commercial storefront building constructed in 1895; Long‑term tenant in place
(712) 254-2689 Call to check price and availability
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