232 E 1St St Monticello, IA 52310

This exceptional 10,868-square-foot storefront, located at 232 E 1st St in Monticello, Iowa, presents a compelling owner-user or investment opportunity. The property, situated on a 0.27-acre lot (APN 0227103005), boasts a prime downtown location with high foot traffic and excellent visibility. Currently occupied by Theisen's, the lease expires December 31, 2024, offering a short-term leasehold or immediate owner-occupancy potential. Built in 1900 and renovated in 2001, this two-story building offers a versatile layout ideal for various retail formats. The open floor plan allows for easy customization to suit specific business needs. The property is zoned for commercial use and benefits from its location within a vibrant community of local shops and services. This presents a rare chance to capitalize on Monticello's growth, whether for business expansion or a new venture. Note that there are restrictions on the sale of goods competitive with Theisen's. The asking price is $652,080, translating to $60 per square foot. Further details are available upon request.