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    317 High Ave Oskaloosa, IA 52577

    Sponsored
    For Sale
    $475,000

    Two Buildings, Prime Location, Investment Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents two commercial buildings situated just two blocks east of Oskaloosa's downtown square at 317 and 313 High Avenue East. The property encompasses a combined total of 0.11 acres. The main building, located at 317 High Avenue East, is currently occupied by TD&T accounting firm under a lease that transfers to the new owner, guaranteeing a minimum three-year tenancy. The second building, at 313 High Avenue East, offers 2,400 square feet (20ft x 120ft) of vacant, office-ready space, immediately available for lease. This building is already divided into individual offices, making it turnkey for a new tenant. Adding to the investment potential, the second building also features three one-bedroom apartments on the second floor. These apartments require some minor renovations before being ready for rental occupancy. Conveniently located, the property includes a single-car attached garage at the rear of the 313 High Avenue East building. Ample on-street parking is readily available directly in front of both buildings. This combined property offers a unique blend of immediate income generation and significant future rental income potential, making it an attractive investment opportunity in a desirable location. The asking price for this combined property is $475,000.

    Property Features for 317 High Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1915
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Oskaloosa
    County
    Mahaska
    State
    Iowa
    Longitude
    -92.64191
    Latitude
    41.29553

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    FAQs

    What type of property is this?
    Commercial real estate - Two Buildings, Prime Location, Investment Ready
    Where is this commercial real estate located?
    The property is located at 317 High Ave Oskaloosa, IA.
    What is the asking price?
    The asking price for this property is $475,000.
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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
    317 High Ave Oskaloosa, IA 52577
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