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    70 Court Ave Winterset, IA 50273

    Sponsored
    For Sale
    $575,000

    Historic building, retail & apartments

    Property size:
    12,980 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 70 E Court Avenue in the heart of Winterset, Iowa, presents a rare investment opportunity. Boasting a total of 12,980 square feet, the building features three distinct street-level retail spaces, perfectly suited for a variety of businesses. The prime location within Winterset Square ensures high visibility and foot traffic, providing an ideal platform for success. Adding to its versatility, the property also includes four upstairs apartments, offering additional income potential or the possibility of owner-occupied space. The 0.2-acre lot provides ample space for outdoor activities or potential expansion. The building's historic charm blends seamlessly with modern functionality, creating a unique and attractive space for both commercial tenants and residents. This property offers a compelling combination of established retail space and residential units, making it an attractive investment for those seeking a diversified portfolio or a unique business venture in a thriving Iowa community. The building's strong location within Winterset Square ensures a steady stream of potential customers and residents. This is a chance to own a piece of Winterset's history and capitalize on its vibrant community. The property is priced at $575,000.

    Property Features for 70 Court Ave

    General Information

    Property type
    Retail properties
    Square Feet
    12,980 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1872
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Winterset
    County
    Madison
    State
    Iowa
    Longitude
    -94.01365
    Latitude
    41.33415

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    Nearby Similar for Sale

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      Winterset Commercial Property with Shop

      Commercial property with office, fireplace, shop space near Winterset.
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    • $259,000
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    FAQs

    What type of property is this?
    Retail property - Historic building, retail & apartments
    Where is this retail property located?
    The property is located at 70 Court Ave Winterset, IA.
    What is the asking price?
    The asking price for this property is $575,000.
    (515) 468-5635
    Request Owner's contact information
    70 Court Ave Winterset, IA 50273
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    Winterset, IA 50273
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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
    70 Court Ave Winterset, IA 50273
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