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Executive Summary

Located in the heart of downtown Solon, Unit 2 at 120 W Main St offers 2,041 SF of prime street-level commercial space in a mixed-use condo building. This newly built unit features modern finishes and excellent visibility, making it ideal for retail, office, or service use. Available for lease at $19.95/SF NNN with operating expenses of $8.85/SF, or for sale at $560,000.
Unit 2 may also be purchased with Unit 1, which adds 1,429 SF of income-producing leased space. The combined sale price for both units is $919,550. Unit 1 is not available for lease and can only be sold with Unit 2. A residential condo is located above.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,041 SF
Building Class
B
Year Built
2020
Price
$560,000
Price Per SF
$274.38
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.17 AC
Zoning
CR

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2
  • 2,041 SF
  • Retail
  • -
  • Now

Located in Solon’s thriving downtown district, Unit 2 at 120 W Main Street delivers 2,041 SF of modern ground-level retail space within a newly built commercial condo property. The space boasts large storefront windows, an open layout, and on-trend interior finishes, making it well-suited for retail, office, or service users. The property features excellent visibility and convenient street parking, complemented by an adjacent parking lot for additional customer access. Situated just off U.S. Highway 1, the site offers seamless connectivity to Iowa City and the surrounding market. Downtown Solon’s walkable setting is home to popular local businesses and dining destinations including Big Grove Brewery, Godfather’s Pizza, Bluebird Diner, and Solon Feed Mill, generating consistent foot traffic and a strong neighborhood draw. This is a high-exposure opportunity in a fast-growing community within the Iowa City–Cedar Rapids metro area, offering a dynamic business environment and proximity to a highly educated workforce.

Space Size Space Use Position Available
2 2,041 SF Retail - Now

2

Size
2,041 SF
Space Use
Retail
Position
-
Available
Now

2

Size 2,041 SF
Space Use Retail
Position -
Available Now

Located in Solon’s thriving downtown district, Unit 2 at 120 W Main Street delivers 2,041 SF of modern ground-level retail space within a newly built commercial condo property. The space boasts large storefront windows, an open layout, and on-trend interior finishes, making it well-suited for retail, office, or service users. The property features excellent visibility and convenient street parking, complemented by an adjacent parking lot for additional customer access. Situated just off U.S. Highway 1, the site offers seamless connectivity to Iowa City and the surrounding market. Downtown Solon’s walkable setting is home to popular local businesses and dining destinations including Big Grove Brewery, Godfather’s Pizza, Bluebird Diner, and Solon Feed Mill, generating consistent foot traffic and a strong neighborhood draw. This is a high-exposure opportunity in a fast-growing community within the Iowa City–Cedar Rapids metro area, offering a dynamic business environment and proximity to a highly educated workforce.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0224312010
Land Assessment
$50,000
Improvements Assessment
$486,900
Total Assessment
$536,900
  • Listing ID: 36884737

  • Date on Market: 7/23/2025

  • Last Updated:

  • Address: 120 W Main St, Solon, IA 52333

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