2501 Broadway StRed Oak, IA 51566

  • Retail space
  • 39,868 SF
For Lease
$4/SF/YR View listing

Property Details for 2501 Broadway St

Year built
1979
Lot size
5.35 AC
Property size (Sq ft)
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.

Location Insight

City
Red Oak
County
Montgomery
State
Iowa
Latitude
41.0283
Longitude
-95.2344

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,357
$133,630
$679,200
$812,830
-
$133,630
$679,200
$812,830

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