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Retail Space with Updated Roof
For Sale
$299,000

515 N Adams Street Unit 224, Carroll, IA 51401

Commercial Sale, Carroll, IA

Property Size6,014 SF
Lot Size0.10 Acres
Price / SF$49.72
Days on Market215

Property Features for 515 N Adams Street Unit 224

General Information

Property type Commercial Sale
Property subtype Other
Subdivision CATIF - CARROLL ORIGINAL TIF
Directions In driving east on Highway 30, turn south on to N Carroll St and the property is on the East side of the road
Standard status Active
APN 0624387001
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIGINAL TOWN BLOCK 17 W 75' OF N 143' OF 16,17,18 COLLISON TRT COM HPR UNIT A
Tax Annual Amount 5860
Legal Description ORIGINAL TOWN BLOCK 17 W 75' OF N 143' OF 16,17,18 COLLISON TRT COM HPR UNIT A

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1969
Number of units 1
Architectural style Other
Listing Agency: Greteman & Associates
Listed By: Nathan Greteman · License #S65103000
Added: Mar 7 Changed: Sep 7 Last Checked: Oct 8 at 1:06AM
MLS# 6336165

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.

Retail space at 515 N Adams Street, Unit 224, offers a flexible interior arrangement for retail or service-oriented commercial use. The building dates to 1969 and received a roof replacement in 2017. Forced-air heating supports the space, and the property has public water service.

The suite is positioned near Highway 30 and N Carroll Street in Carroll, Iowa, providing visibility from two established roadways. The property occupies a 0.1-acre site and combines an adaptable commercial layout with direct exposure to surrounding road traffic.

Key Highlights

  • Exposure to Highway 30 and N Carroll Street
  • Roof replaced in 2017
  • 0.1‑acre site

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Catering Service Bakery Home Appliance 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suite with exposure to Highway 30 and N Carroll Street.
Where is this retail space located?
The property is located at 515 N Adams Street Unit 224 Carroll, IA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Exposure to Highway 30 and N Carroll Street; Roof replaced in 2017; 0.1‑acre site
More about this property
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