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Convenience Store Building with Additional Parcel
New
For Sale
$169,900

407 Main, Union, IA 50258

Commercial Sale, Union, IA

Property Size6,000 SF
Lot Size0.80 Acres
Price / SF$28.32
Days on Market3

Property Features for 407 Main

General Information

Property type Commercial Sale
Property subtype Office
Zoning c
Directions Gingersnap Building + Lot to the north included
Standard status Active
APN 8619212580028003
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BLOCK 5, WOODS ADD, UNION WOODS ADD-BLOCK 5 LOTS 7-8
Tax Annual Amount 4924
Legal Description BLOCK 5, WOODS ADD, UNION WOODS ADD-BLOCK 5 LOTS 7-8

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1980
Roof type Metal
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Aug 26 Last Checked: Aug 28 at 9:06PM
MLS# 20264068

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property includes a former convenience store building on approximately .8 acres, together with an additional parcel. The improvements date to 1980 and feature a metal roof, forced-air heating, central air, public sewer, and available water. Above-ground tanks are located on the property for access and removal.

The building is situated on Main Street in Union. Existing contents inside and outside the property are included unless otherwise negotiated, with seller removal available under an agreed arrangement. The space can continue as a convenience store or be adapted for a supper club, retail operation, or another commercial use identified in the property information. C zoning applies.

Key Highlights

  • Approximately .8 acres plus an additional parcel
  • 6,000 sq. ft. commercial building identified in the property remarks
  • Former convenience store building on Main Street

Property Analytics

Current Use

INDEPENDENT Gas Station Gingersnap Grocery & Convenience Store

Suggested Use

Top Pick Butcher Big Box & Wholesale Store Veterinary Clinic Hair Salon Nail Salon Auto Parts 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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50258, IA

768
Population
453
Households
1.7
Avg Household Size
49
Median Age
37%
College-Educated
99%
High-School Grad
54.0 sq mi
ZIP Area
14
Density / Sq Mi
$82,865
Median Household Income
$41,071
Median Earnings
$825
Median Rent
$100,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Commercial improvements include central air, forced-air heating, public sewer, and water availability.
Where is this grocery and convenience store located?
The property is located at 407 Main Union, IA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Approximately .8 acres plus an additional parcel; 6,000 sq. ft. commercial building identified in the property remarks; Former convenience store building on Main Street
More about this property
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