Building Details

Year Built 2018

Listing Agency: RE/MAX Precision j***@versold.com Show Phone

Listed By: Justin Ver Steeg (641) 780-4373 · License #S70299000

Source: Desmoineshomesforsale

Added: May 16 Changed: Aug 29 Last Checked: Aug 30 at 5:56PM

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Investment Insights

Based on property information with market context.

This retail space was built in 2018 and carries Commercial zoning. The property is situated on a double lot and is offered for sale. Its address is 503 South Main Street in New Sharon, Iowa, providing a clearly identified storefront location for a range of potential commercial concepts.

Key Highlights

• Built in 2018
• Commercial zoning
• Situated on a double lot

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Garden Center Big Box & Wholesale 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

116

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

New Sharon #2 Shops & Services

7,210 visits/mo 0.1 miles

Demographics for 50207, IA

2,495

Population

1,175

Households

2.1

Avg Household Size

42

Median Age

22%

College-Educated

96%

High-School Grad

142.9 sq mi

ZIP Area

17

Density / Sq Mi

$76,389

Median Household Income

$40,375

Median Earnings

$577

Median Rent

$156,500

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 2018 retail space with a double-lot configuration and commercial zoning.

Where is this retail space located?

The property is located at 503 & 507 S Main St New Sharon, IA.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: Built in 2018; Commercial zoning; Situated on a double lot