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Downtown Retail Suite with Utilities
For Lease
$2,000/Mo

509 N Adams Street Unit 3, Carroll, IA 51401

COMMERCIAL - Other - Carroll, IA

Space Size3,500 SF
Lot Size0.20 Acres
Days on Market48

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

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: Aug 4 Last Checked: Aug 31 at 4:06PM
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.

Investment Insights

Based on property information with market context.

This downtown Carroll retail suite offers more than 3,500 square feet of space with utilities included. The property features an updated exterior facade and provides exterior signage space, making it well suited for retail or service uses.

The space is currently configured as a salon, and the owner is willing to build out to suit for an approved tenant concept.

The suite is available as a storefront-style retail space and includes utilities as part of the offering.

Key Highlights

  • Over 3,500 SF of downtown Carroll retail space
  • Public utilities available; utilities included per listing remarks
  • Updated exterior facade with exterior signage space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Skin Care Clinic Hotel & Motel Furniture & Home Goods

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
Under-served
Demand for This Use

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

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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Similar Off Market Nearby

  • Flower Garden & Gift Shop 224 W 5th St, Carroll, IA 51401
  • Designs By Bernie 218 W 8th St, Carroll, IA 51401

Frequently Asked Questions

What type of property is this?
Storefront property - Downtown Carroll retail space with an updated facade, exterior signage space, and utilities included.
Where is this storefront property 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: Over 3,500 SF of downtown Carroll retail space; Public utilities available; utilities included per listing remarks; Updated exterior facade with exterior signage space
More about this property
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