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Mixed-Use Property with Highway Frontage
For Sale
$660,000

818 W 8Th Street, Carroll, IA 51401

COMMERCIAL - Other - Carroll, IA

Property SizeContact for details
Lot Size0.70 Acres
Days on Market112

Property Features for 818 W 8Th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage
Subdivision WESTLAWN ADDITION
Directions Hwy 30 across from Hy-Vee
Standard status Active
APN 0400624304010
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description WESTLAWN ADDITION BLOCK 7 LOTS 8, 9, 10, 11 & S 1/2 OF 12 & LOT B, BLOCK 8
Tax Annual Amount 9768
Legal Description WESTLAWN ADDITION BLOCK 7 LOTS 8, 9, 10, 11 & S 1/2 OF 12 & LOT B, BLOCK 8

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1947
Number of units 8
Building materials Brick, Metal Siding
Architectural style Other
Listing Agency: Kanne Realty & Associates
Listed By: Nick Kanne · License #***
Added: May 4 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
MLS# 6326882

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 mixed-use property combines residential and office components within a two-story commercial building. The second floor includes four two-bedroom apartments and four one-bedroom apartments, while the main level provides four office spaces. A full drive-in basement adds functional support space, and the property includes a garage and exterior parking.

Situated on Hwy 30 in Carroll, the property offers over 160ft of highway frontage on a 0.7-acre site. Built in 1947, the building features brick and metal siding, forced-air heating, and public water service.

Key Highlights

  • Four 2‑bedroom apartments and four 1‑bedroom apartments on the second floor
  • Four main‑floor office spaces
  • Full drive‑in basement

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Skin Care Clinic 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.

Lease Details

4
Office units
8
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

738
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines second-floor apartments with main-floor office space and a drive-in basement.
Where is this mixed-use property located?
The property is located at 818 W 8Th Street Carroll, IA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four 2‑bedroom apartments and four 1‑bedroom apartments on the second floor; Four main‑floor office spaces; Full drive‑in basement
More about this property
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