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Convenience Store Building
New
For Sale
$169,900

407 Main Street, Union, IA 50258

Residential Income, Union, IA

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

Property Features for 407 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Accessibility Accessible Approach with Ramp
Directions Gingersnap + full lot to north
Standard status Active
APN 861921258002
Size 6,000 SF
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BLOCK 5, WOODS ADD, UNION WOODS ADD-BLOCK 5 LOTS 1-2
Tax Annual Amount 4924
Legal Description BLOCK 5, WOODS ADD, UNION WOODS ADD-BLOCK 5 LOTS 1-2

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Building materials Metal Siding
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 28 at 4:06PM
MLS# 6342035

Copyright © 2026 NoCoast MLS. 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 6,000-square-foot commercial building in Union includes approximately .8 acres and an additional parcel. The property previously housed the Gingersnap Convenience Store and can accommodate continued commercial use or a reconfigured retail concept, subject to applicable requirements. An active liquor/beer license is included in the property information.

Constructed in 1980, the building has metal siding, forced-air heating, a 6-inch concrete floor, and an accessible approach with ramp. Three-phase electric service extends to the pole, public water serves the property, and all tanks are positioned above ground for access and removal. Contents located inside and outside may be negotiated and removed by the seller if needed. The address is 407 Main Street in Union, Iowa.

Key Highlights

  • 6,000 square feet of commercial building area
  • Approximately .8 acres plus an additional parcel
  • Former Gingersnap Convenience Store location

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Main Street commercial property with an active liquor/beer license and public water service.
Where is this grocery and convenience store located?
The property is located at 407 Main Street 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: 6,000 square feet of commercial building area; Approximately .8 acres plus an additional parcel; Former Gingersnap Convenience Store location
More about this property
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