For Sale
$550,706

1205 Broadway St Red Oak, IA 51566

Prime Commercial Land, High Traffic Area, Iowa

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3.87-acre commercial land parcel presents a remarkable investment opportunity in Red Oak, Iowa. Strategically located at 1205 N Broadway St, in Montgomery County, zip code 51566, this property boasts high visibility and accessibility. The site faces North Broadway Street and is bordered by West Oak and West Bridge Streets, ensuring significant exposure to a substantial daily traffic flow. The property's convenient location is further enhanced by its adjacency to the recently constructed Family Dollar/Dollar Tree building, sharing a common driveway for direct access to North Broadway Street. This shared access point provides seamless ingress and egress, optimizing convenience for potential businesses and customers. The land is divisible, offering flexibility for development. Two potential lot divisions are possible: Lot 1, encompassing 2.16 acres, and Lot 2, comprising 1.71 acres. This allows for tailored development plans to suit various business needs and scales. Red Oak, with a population of approximately 5,500 residents, serves as the county seat of Montgomery County, providing a stable and established market for commercial ventures. The property's ideal location makes it particularly suitable for quick-service restaurants (QSRs), convenience stores, or other service-oriented businesses seeking high visibility and convenient access for their customers. This prime commercial land offers a unique chance to establish a thriving business in a growing community.

Highlights

  • 3.87-acre commercial land parcel in Red Oak, IA (51566).
  • High-visibility location at 1205 N Broadway St, with access to N. Broadway, West Oak, and West Bridge Streets.
  • Shares a common driveway with the new Family Dollar/Dollar Tree, providing direct access to N. Broadway Street.
  • Divisible into two lots: 2.16 acres and 1.71 acres.
  • Ideal for QSRs, convenience stores, or other service-oriented businesses.

Property Details for 1205 Broadway St

Property type
Land
Lot Size (sq. ft)
168,577 SF

Location Insight

City
Red Oak
County
Montgomery
State
Iowa
Latitude
41.014711175617
Longitude
-95.23403648472

FAQs

What type of property is this?
Land - Prime Commercial Land, High Traffic Area, Iowa
Where is the land located?
The property is located at 1205 Broadway St Red Oak, IA.
What is the asking price?
The asking price for this property is $550,706.
What are key features of this property?
This property features: 3.87-acre commercial land parcel in Red Oak, IA (51566).; High-visibility location at 1205 N Broadway St, with access to N. Broadway, West Oak, and West Bridge Streets.; Shares a common driveway with the new Family Dollar/Dollar Tree, providing direct access to N. Broadway Street.
How can I contact the broker?
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1205 Broadway St
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