2501 Broadway St Red Oak, IA 51566-1011
- Retail space
- 39,868 SF
- 5.35 lot acres
Current Use by Public Records
- Sears Appliance Repair / Appliance Repair Service / Air Conditioning Repair Service
Property Details for 2501 Broadway St
- Year built
- 1979
- Lot size
- 5.35 lot acres
- Property size
- 39,868 SF
- Property type
- Retail space
- APN
- 260620200007000
- APU
- 260620200007000
Description
This exceptional 40,000-square-foot free-standing retail building, situated on a 5.35-acre lot in Red Oak, Iowa, presents a remarkable investment opportunity. Built in 1979, the property boasts a highly desirable location at the corner of Highway 30 and North Broadway Street, offering unparalleled visibility and accessibility. Previously occupied by K-Mart, the single-tenant building is currently vacant and ready for immediate occupancy. Ample parking is available, providing significant potential for expansion to suit a variety of uses. The building's layout includes a former automotive department, easily adaptable into office space, and a convenient rear storage area ideal for deliveries. Located in Montgomery County, this property benefits from its position on Red Oak's main thoroughfare, ensuring maximum exposure to a substantial customer base. The building's size and prominent location make it an ideal candidate for a wide range of retail, commercial, or even light industrial uses. This is a rare chance to acquire a substantial property in a prime location with significant upside potential. The address is 2501 N Broadway St, Red Oak, IA 51566.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Red Oak
- County
- Montgomery
- State
- Iowa
- Longitude
- -95.2344
- Latitude
- 41.0283
