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Former Convenience Store Retail
For Sale
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505 Ijem Ave, Nichols, IA 52766

Former Casey’s retail store on a small lot, offered for sale through a scheduled surplus auction process.

Property Size1,848 SF
Lot Size0.16 Acres
Days on Market120

Property Features for 505 Ijem Ave

General Information

Standard status Active
Size 1,848 SF
Lot size 0.16 Acres
Property subtype Retail
Listing Agency: Williams & Williams Auctioneers
Listed By: Cynthia Dees · License #129912
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:17AM

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 Williams & Williams Auctioneers

Investment Insights

Based on property information with market context.

This property is a former Casey’s retail store, offered for sale as part of a surplus real estate auction. The building is approximately 1,848 SF and sits on a 0.16+/- acre lot.

The auction includes public inspection dates on September 8th and 15th from 11:00 AM to 2:00 PM, with the auction running online September 26–28. Bids are submitted via auctionnetwork.com, and buyers may also be able to submit a pre-auction offer.

The offering is listed through Williams & Williams Worldwide Real Estate, LLC, and includes details on auction participation and potential buyer’s premium application.

Key Highlights

  • Former Casey’s retail store with approximately 1,848 SF
  • Situated on a 0.16+/- acre lot
  • Surplus auction set for September 26–28 (online auction)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Garden Center Kitchen & Bath Showroom Cafe & Coffee Shop Home Appliance Store Hair Salon

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

32
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Nichols #2 Shops & Services
5,022 visits/mo 0.1 miles

Demographics for 52766, IA

735
Population
390
Households
1.9
Avg Household Size
49
Median Age
9%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
15
Density / Sq Mi
$70,250
Median Household Income
$45,227
Median Earnings
$950
Median Rent
$122,800
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 - Former Casey’s retail store on a small lot, offered for sale through a scheduled surplus auction process.
Where is this storefront property located?
The property is located at 505 Ijem Ave Nichols, IA.
What are key features of this property?
This property features: Former Casey’s retail store with approximately 1,848 SF; Situated on a 0.16+/- acre lot; Surplus auction set for September 26–28 (online auction)
More about this property
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