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    306 Main St Pulaski, IA 52584

    For Sale
    $235,000

    Gas Station, Restaurant, & More! High-Traffic Location.

    Property size:
    1,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,920 square foot commercial property located at 306 E Main Street in Pulaski, IA, presents a remarkable investment opportunity. Situated on a 1.5-acre lot with significant highway frontage, this well-established business boasts a successful gas station and convenience store, complemented by a thriving restaurant/grill. The property's versatility is further enhanced by the presence of a 40' x 30' finished, insulated, and heated warehouse, ideally suited for use as a commercial shop, complete with an attached finished office space. Previously used as a truck/car wash and laundromat, two storage units currently occupy this area, offering potential for future expansion or repurposing. Numerous recent upgrades and equipment updates have been implemented, ensuring the property is in excellent condition. The high volume of traffic on the highway provides exceptional visibility and accessibility, making this a prime location for a variety of commercial ventures. The combination of established businesses, versatile space, and prime location makes this property an attractive investment with significant potential for growth and profitability. The property's size and features offer a multitude of possibilities for expansion and diversification, making it an ideal opportunity for a savvy investor seeking a high-return investment in a thriving community.

    Property Features for 306 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,920 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1989
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sally's Diner Family Restaurant Sinclair Gas Station

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Pawn Shop Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pulaski
    County
    Davis
    State
    Iowa
    Longitude
    -92.26955
    Latitude
    40.69529

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    FAQs

    What type of property is this?
    Commercial real estate - Gas Station, Restaurant, & More! High-Traffic Location.
    Where is this commercial real estate located?
    The property is located at 306 Main St Pulaski, IA.
    What is the asking price?
    The asking price for this property is $235,000.
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    306 Main St Pulaski, IA 52584
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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
    306 Main St Pulaski, IA 52584
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