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    612 Sheridan Ave Shenandoah, IA 51601

    Sponsored
    For Sale
    $110,000

    Prime Shenandoah location, versatile space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 612 W Sheridan Avenue in Shenandoah, Iowa, presents a unique investment opportunity. Boasting a rich history, this building offers a blend of character and practicality. The property sits on a 0.07-acre lot and is classified as general commercial. A notable feature is a still-functional soda fountain, adding a touch of nostalgia and potential for creative business ventures. The interior includes well-maintained office spaces, ample shelving, and additional storage, providing flexibility for various uses. The building's layout is adaptable to a range of commercial needs, from retail to professional services. The asking price is $110,000. This property offers a chance to own a piece of Shenandoah's heritage while capitalizing on its commercial potential. An adjoining building is also available for consideration, presenting an opportunity for expansion or additional income streams. The property's location in Shenandoah provides excellent visibility and accessibility. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this historic building offers. The square footage is not currently available.

    Property Features for 612 Sheridan Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Jay Memorial Trust Loan Agency George Jay's Drug ... Drug Store DCD PEDORTHICS, Foot ... Foot Care

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shenandoah
    County
    Page
    State
    Iowa
    Longitude
    -95.37318
    Latitude
    40.76568

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Shenandoah location, versatile space.
    Where is this commercial real estate located?
    The property is located at 612 Sheridan Ave Shenandoah, IA.
    What is the asking price?
    The asking price for this property is $110,000.
    Request Owner's contact information
    612 Sheridan Ave Shenandoah, IA 51601
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    Shenandoah, IA 51601
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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
    612 Sheridan Ave Shenandoah, IA 51601
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