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    312 Cedar St Tipton, IA 52772

    For Sale
    $49,900

    Retail - IA

    Type:Retail
    Lot size:
    0.05 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 312 Cedar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Com
    APN
    048011061160030
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Corridor, Inc. (319) 350-0798 [email protected]

    Listing agent Steven Hankemeier (319) 395-0101

    Listing date Oct 9, 2025

    MLS# 202506370 Listing URL

    Copyright © 2025 Iowa City Area Association 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

    Mixed-Use Building with Rental Income

    This property presents an opportunity to own a building with possibilities in a high-traffic location. The ground level features a former restaurant space of 2,000 square feet, suitable for various business ventures, including a restaurant, office space, or salon. The second floor offers an additional 2,000 square feet of living space, currently configured as three apartments, presenting an opportunity for rental income. The property is located in Cedar County, Iowa, with a postal code of 52772 and is situated on a lot of 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Cedar
    State
    Iowa
    Longitude
    -91.128179
    Latitude
    41.768539

    Nearby Similar for Sale

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    • $49,900
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      Tipton Retail and Residential Opportunity

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      312 Cedar St, Tipton, IA 52772
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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with apartments offering multiple business and income opportunities.
    Where is this restaurant located?
    The property is located at 312 Cedar St Tipton, IA.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - High-traffic location ideal for business.; - 2,000 sqft of ground-level space suitable for restaurant, office, or salon.; - 2,000 sqft of upstairs living space currently configured as 3 apartments.
    (319) 395-0101
    Request Owner's contact information
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    Tipton, IA 52772
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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
    312 Cedar St Tipton, IA 52772
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