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1508 5th Ave S 1,200 SF Vacant Retail Building Fort Dodge, IA 50501 $400,000 ($333.33/SF)
Investment Highlights
- Adaptable building configuration currently home to Iowa Fireworks Company.
- Located on W Main Street with easy access to U.S. Highway 1 and Iowa City corridor.
- Features inherent infrastructure for retail or service-based uses requiring open space and access.
- Proven flexibility with prior operation as a Jiffy Lube service center.
- Surrounded by established businesses and community amenities in a rapidly growing trade area.
- Positioned in Johnson County, one of Iowa’s strongest economic regions, supporting sustained investor demand.
Executive Summary
This property offers a rare ownership opportunity in the heart of Solon’s vibrant downtown corridor. Currently occupied by Iowa Fireworks Company, the site demonstrates versatility and long-term functional value, having previously operated as a Jiffy Lube. Its existing configuration supports a wide range of potential uses, from retail and specialized service to automotive-related concepts or flexible commercial applications.
Situated along W Main Street, the property benefits from strong visibility, convenient access, and proximity to local amenities, schools, and major traffic routes including U.S. Highway 1. Built to accommodate businesses requiring open layouts and high accessibility, the space is well-positioned to serve both destination and neighborhood-driven demand. With consistent area growth and a diverse mix of surrounding businesses, this asset offers stable income potential and long-term investment appeal.
Situated along W Main Street, the property benefits from strong visibility, convenient access, and proximity to local amenities, schools, and major traffic routes including U.S. Highway 1. Built to accommodate businesses requiring open layouts and high accessibility, the space is well-positioned to serve both destination and neighborhood-driven demand. With consistent area growth and a diverse mix of surrounding businesses, this asset offers stable income potential and long-term investment appeal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Building Class
B
Year Built
1994
Price
$400,000
Price Per SF
$333.33
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Parking
16 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Looking for a seasonal or full time tenant. Currently operated by Iowa Fireworks Company
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Retail | - | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Looking for a seasonal or full time tenant. Currently operated by Iowa Fireworks Company
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-20-459-010 | Improvements Assessment | $108,700 |
| Land Assessment | $48,830 | Total Assessment | $157,530 |
Property Taxes
Parcel Number
07-20-459-010
Land Assessment
$48,830
Improvements Assessment
$108,700
Total Assessment
$157,530
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1508 5th Ave S