Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    209 Montgomery St Creston, IA 50801

    For Sale
    $69,000

    Spacious building, updated systems, prime location.

    Property size:
    7,566 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property at 209 W Montgomery Street in Creston, Iowa, presents a unique investment opportunity. Boasting a substantial 7,566 square feet of space, this solid freestanding brick building offers significant versatility. The main level encompasses a generous 3,486 square feet, ideal for a variety of commercial uses. A partially finished lower level provides additional space, while the unfinished upper level is perfectly suited for conversion into residential apartments, subject to necessary permits and approvals. Recent improvements include a new heating system and the installation of a sump pump, enhancing both functionality and value. The roof features a durable rubber membrane. The property includes several convenient off-street parking spaces located at the rear of the building, adjacent to a loading dock. Additional parking is readily available in a nearby city parking lot, just half a block away. The main level offers zero-entry accessibility. The building is being sold "as is," with only fixed items included. This property's combination of size, location, and recent updates makes it an attractive proposition for savvy investors seeking a versatile commercial space with significant upside potential in a thriving Iowa community. The 0.11-acre lot provides ample space for the building and parking.

    Property Features for 209 Montgomery St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,566 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1904
    Property Profile Insight Report 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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Creston
    County
    Union
    State
    Iowa
    Longitude
    -94.36337
    Latitude
    41.05873

    Nearby Similar for Sale

    • $99,000
      0.28 Acres

      Creston, IA Brick Church

      Neighborhood brick church with potential for community gatherings or residential use.
      820 N Elm St, Creston, IA 50801
      View Details
    • $111,900
      3,238 SF

      Creston Four-Plex with Garage

      Four-unit property with detached garage and extra lot.
      609 W Montgomery St, Creston, IA 50801
      View Details
    • $150,000
      0.24 Acres

      Creston Industrial Property with Workshop

      Light industrial property with office, workshop, and implement building.
      209 N Cedar St, Creston, IA 50801
      View Details
    • $120,000
      5,600 SF

      Mixed-Use Property in Creston, Iowa

      Income-producing 4-plex with retail space in Creston, Iowa.
      210 W Montgomery St, Creston, IA 50801
      View Details
    • $248,000
      0.29 Acres

      Commercial Building in Creston, Iowa

      7200 SF commercial building with loading bay and parking.
      503 West Adams St, Creston, IA 50801
      View Details
    • $59,900

      Creston Warehouse with Retail Space

      Highway 34 location with warehouse and retail potential.
      711 New York Ave, Creston, IA 50801
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious building, updated systems, prime location.
    Where is this commercial real estate located?
    The property is located at 209 Montgomery St Creston, IA.
    What is the asking price?
    The asking price for this property is $69,000.
    Request Owner's contact information
    209 Montgomery St Creston, IA 50801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    209 Montgomery St
    Creston, IA 50801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    209 Montgomery St Creston, IA 50801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.