109 N Market St - Freestanding FOR SALE


Audubon, IA 50025
$720,000 USD
515-208-1252
109 N Market St, Audubon, IA for Sale
$720,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

109 N Market St
Audubon, IA 50025


HIGHLIGHTS

  • Close proximity to local dining, shops, and community amenities encouraging strong foot traffic.
  • 24,000 SF open layout providing versatility for retail or mixed-use operations.
  • Premium location in Audubon’s historic downtown retail corridor.
  • Opportunity for retail expansion or flexible configuration within a thriving small-town market.

OVERVIEW

This 24,000 SF retail property offers a substantial footprint positioned in the heart of Audubon’s historic downtown district, delivering an attractive investment opportunity for retail owners and operators. The property boasts a highly visible location along Market Street, ensuring strong exposure to both local residents and visitors. A new roof installed in 2022 adds significant value and minimizes near-term capital expenditure, reinforcing the building’s operational readiness. The expansive layout is ideal for retailers seeking generous display areas and flexible interior configurations, providing versatility for multi-tenant arrangements or large-scale retail concepts. Situated within a community-focused environment, this asset benefits from convenient access to surrounding businesses, dining options, and local amenities, all of which drive consistent foot traffic. With its central location in Audubon and scalable design, this property represents long-term potential for investors aiming to capitalize on small-town growth dynamics and expanding retail demand.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

Commercial

APN/PARCEL ID

05-05-20-140-207

ASK ABOUT THIS PROPERTY

Scott ObstarczykNAI Iowa Realty CommercialMore Info
515-208-1252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Scott ObstarczykNAI Iowa Realty CommercialMore Info
515-208-1252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.