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    113 N Main St Paullina, IA 51046

    For Sale
    $165,000

    Commercial - Paullina, IA

    Lot size:
    0.08 Acres
    Days on Market:
    261
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 113 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0000123300
    Lot size
    0.08 Acres

    Building Details

    Year built
    1903
    Architectural style
    Other

    ISB Services Inc (712) 324-0104

    Listing agent Corey Elgersma (712) 324-0104

    Listing date Mar 20, 2025

    MLS# 824226 Listing URL

    Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Main Street Commercial Building

    Located in downtown Paullina, Iowa, this commercial building on Main Street offers character and income potential. The main floor features exposed brick, original wood floors, and a glass front, suitable for a variety of services. A back garage or storage area measures approximately 21 feet by 30 feet. The lower level provides about 2000 square feet of storage space, matching the main floor's area. The upper level contains an apartment that could be rented monthly or furnished and rented nightly to attract visitors to the area. The property is located in O’Brien County, near local attractions. Average monthly utility costs total $330.78, including gas from Black Hills Energy, electricity, garbage/recycling, and water/sewer services provided by the City of Paullina. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Dental Office Wholesale Shop Building Supply Hair Salon Clothing Store Hotel & Motel Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Broadway Market Place

    Location Insight

    • Map
    • Local Demand
    City
    Paullina
    County
    O'Brien
    State
    Iowa
    Longitude
    -95.688115
    Latitude
    42.979476

    FAQs

    What type of property is this?
    Storefront property - Commercial building with income potential in downtown Paullina, Iowa.
    Where is this storefront property located?
    The property is located at 113 N Main St Paullina, IA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Unique upper-level apartment with high income potential through short-term rentals.; - Prime downtown Main Street location in Paullina.; - Main floor featuring exposed brick, original wood floors, and a glass front.
    (712) 324-0104
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    113 N Main St Paullina, IA 51046
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    Paullina, IA 51046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 N Main St Paullina, IA 51046
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