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Thompson, IA

Retail

Thompson, IA Retail Properties & Spaces for Sale

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Forest City, IA Crystal Lake, IA Rake, IA Kiester, MN Bricelyn, MN Lake Mills, IA Britt, IA Lakota, IA

Multi-Building Auto Shop

Updated: Apr 3, 2025

Multi-Building Auto Shop

11475 Highway 9, Thompson, IA 50478

$695,000

0.83 AC lot

Three‑building auto shop property totaling 10,264 SF at 11475 Highway 9
Primary building measures 6,240 SF, was built in 2014, and includes radiant heat and a waste oil heater
Attached 960 SF office/kitchen building built in 2014 with heating, cooling, and bathroom
Additional 3,064‑SF building added in 2015 with heating and central AC
New air compressor installed in 2024

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Thompson, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Flex Space

Industrial Flex Space

162 2nd St NE, Britt, IA 50423

$30,000

8,008 sqft 0.18 AC lot

Block-and-frame facility with central air and I-L/LGT INDUST zoning.

Downtown Restaurant Building

Downtown Restaurant Building

235 State Street, Garner, IA 50438

$145,000

Commercial property with prior restaurant and bar use along Garner’s main commercial corridor.

Industrial Flex Space with Office

Industrial Flex Space with Office

184 2nd Street NE, Britt, IA 50423

Contact for pricing

0.19 AC lot

Industrial-zoned property combining administrative space, a work area, and enclosed cold storage.

Updated Storefront with Garage

Updated Storefront with Garage

338 State St, Garner, IA 50438

Contact for pricing

Open-concept layout supports retail or professional office use.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Highway Access

Commercial Land Near Highway Access

4th Street NE, Britt, IA 50423

Contact for pricing

0.87 AC lot

Commercial land with access from town and proximity to Highway 18.

Service Commercial Development Parcel

Service Commercial Development Parcel

L1 B1 Business Park Addition, Wells, MN 56097

Contact for pricing

1.83 AC lot

Service/commercial zoning with water available for commercial development.

Commercial Land in Business Park

Commercial Land in Business Park

L2 B2 Business Park Addition, Wells, MN 56097

$38,281

3.07 AC lot

Service-commercial zoning and direct State Highway 22 exposure support a range of commercial development plans.

Interstate Commercial Development Land

Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000

6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

Off-Market Properties in Thompson, IA

Consider similar Off-Market properties in Thompson, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

140 Jackson St

BAR, TAVERN

140 Jackson St, Thompson, IA 50478

Estimated value:

$55,000

1,860 sqft 0.09 AC lot

113 1st E Ave

RETAIL STORES (PERSONAL SERVICES)

113 1st E Ave, Thompson, IA 50478

Estimated value:

$55,000

360 sqft 0.26 AC lot

119 Jackson St

RESTAURANT

119 Jackson St, Thompson, IA 50478

Estimated value:

$265,000

5,016 sqft 0.20 AC lot

146 Jackson St

BAR, TAVERN

146 Jackson St, Thompson, IA 50478-5066

Estimated value:

$190,000

1,860 sqft 0.09 AC lot

134 Jackson St

RETAIL STORES (PERSONAL SERVICES)

134 Jackson St, Thompson, IA 50478-5066

Estimated value:

$175,000

2,728 sqft 0.07 AC lot

155 Jackson St

RETAIL STORES (PERSONAL SERVICES)

155 Jackson St, Thompson, IA 50478-5066

Estimated value:

$225,000

4,218 sqft 0.13 AC lot

156 Jackson St

RETAIL STORES (PERSONAL SERVICES)

156 Jackson St, Thompson, IA 50478-5066

Estimated value:

$215,000

4,400 sqft 0.07 AC lot

135 Jackson St

RESTAURANT

135 Jackson St, Thompson, IA 50478-5066

Estimated value:

$270,000

6,000 sqft 0.33 AC lot

150 Jackson St

RETAIL STORES (PERSONAL SERVICES)

150 Jackson St, Thompson, IA 50478-5066

Estimated value:

$185,000

1,886 sqft 0.08 AC lot

102 Jackson St

BARBER, HAIR SALON

102 Jackson St, Thompson, IA 50478-5035

Estimated value:

No data

4,320 sqft 0.26 AC lot

101 Harrison St

CAR WASH - SELF-SERVE

101 Harrison St, Thompson, IA 50478-5005

Estimated value:

$240,000

856 sqft 0.15 AC lot

11717 Hwy 9th 9

RETAIL STORES (PERSONAL SERVICES)

11717 Hwy 9th 9, Thompson, IA 50478-7551

Estimated value:

$275,000

8,753 sqft 3.09 AC lot

11723 Hwy 9th 9

FINANCIAL BUILDING

11723 Hwy 9th 9, Thompson, IA 50478-7551

Estimated value:

$320,000

5,161 sqft 1.03 AC lot

Thompson, IA 50478

RETAIL STORES (PERSONAL SERVICES)

Thompson, IA 50478

Estimated value:

$235,000

2,200 sqft 0.07 AC lot

Thompson, IA Retail Properties & Spaces Market Trends and Statistics

Explore 15 retail properties & spaces for sale in Thompson, IA on our real estate platform.

Sale prices for stores in Thompson, IA average $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 689

Population Growth (5Y) -10.9%

Median Household Income $44,880

College Educated 40.2%

High-Yield Neighborhoods for Investment

Identify Thompson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50478	$695K

Taxes & Financing

Tax Rate (average for all types) 2.04%

Property Tax per SF $26.92 per SF

Tax Rate vs County Average 0.17 pp below county avg

Average Loan-to-Value 65.0%

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