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Retail Space with Exterior Signage
For Lease
$2,000/Mo

509 N Adams Street Unit 3, Carroll, IA 51401

Commercial Lease, Carroll, IA

Space SizeContact for details
Lot Size0.20 Acres
Days on Market94

Property Features for 509 N Adams Street Unit 3

General Information

Property type Commercial Lease
Property subtype Other
Parking features On Street
Subdivision CATIF - CARROLL ORIGINAL TIF
Directions Adams downtown Carroll
Standard status Active
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description ORIGINAL TOWN BLOCK 17 LOTS 10 & 11
Legal Description ORIGINAL TOWN BLOCK 17 LOTS 10 & 11

Utilities

Heating system Forced Air
Water source Public

Amenities

utilities included
updated facade
exterior signage space

Building Details

Year built 1922
Number of units 1
Building materials Wood Siding
Architectural style Other
Listing Agency: Kanne Realty & Associates
Listed By: Nick Kanne · License #***
Added: Jul 15 Changed: Oct 8 Last Checked: Oct 16 at 8:06AM
MLS# 6340396

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.

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Investment Insights

Based on property information with market context.

Retail space available for lease with an updated exterior facade and designated space for exterior signage. The premises are currently configured for salon use, while the owner is willing to complete a buildout tailored to the next occupant’s needs. Utilities are included in the lease offering.

The property is located in downtown Carroll at 509 N Adams Street, Unit 3. On-street parking serves the property, with forced-air heating and public water in place. Originally constructed in 1922, the building features wood siding and a street-facing commercial setting.

Key Highlights

  • Utilities included in the lease offering
  • Updated facade with exterior signage space
  • Current salon configuration

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Skin Care Clinic Hotel & Motel

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby

Demographics for 51401, IA

12,248
Population
5,576
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
168.6 sq mi
ZIP Area
73
Density / Sq Mi
$64,458
Median Household Income
$45,938
Median Earnings
$720
Median Rent
$192,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Lease opportunity with utilities included, an updated facade, and owner-supported buildout flexibility.
Where is this retail space located?
The property is located at 509 N Adams Street Unit 3 Carroll, IA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Utilities included in the lease offering; Updated facade with exterior signage space; Current salon configuration
More about this property
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