REIT Sale | Former Dollar General | Built 2011

Starting Bid $1

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: Internet Auctions Exempt from Licensing, Lamar P. Fisher

• Freestanding Retail with Built-In Upside: ±9,092 SF former Dollar General on 1.88 AC with open layout, storage, and below-replacement basis.
• Major Employers Drive Nearby Activity: Amoco, Siemens Gamesa, Cryotech, and Koch Fertilizer help generate nearby employment traffic.
• US-61 Frontage with ±7,034 VPD Visibility: Prominent frontage on US Highway 61 with ±7,034 VPD along the Mississippi River corridor.
• Strong 5-Mile Household Income Profile: Average household income reaches ±$77,365 within a 5-mile radius, supporting local spending power.
• No Zoning Restrictions in Opportunity Zone: No local zoning restrictions plus Federal Opportunity Zone designation support flexible reuse.
• Absolute $1 Auction – NO RESERVE!

For Tours prior to auction, please email &
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2505 280th Street in Montrose, Iowa is a vacant ±9,092 SF freestanding retail/commercial building on ±1.88 acres, offered at a substantial discount to replacement cost with FIRST BID MEETS RESERVE. Built in 2011, the Property includes 38 surface parking spaces and frontage along both 280th Street and U.S. Highway 61, which carries approximately 7,034 VPD. Formerly occupied by Dollar General, the building is fully built out for retail use and offers flexibility for owner occupancy, lease-up, adaptive reuse, or repositioning.