201 3Rd St SE Cresco, IA 52136
For Sale
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This exceptional 6,196 square foot commercial property, situated on a 0.34-acre lot at 201 3rd St SE in Cresco, IA, presents a unique opportunity for a variety of businesses. Boasting a highly desirable location with excellent visibility on Highway 9 East, this well-maintained building offers a spacious, open front display area perfect for showcasing products or services. The layout includes a convenient office, breakroom, bathroom, parts room, and a dedicated mechanical room. The rear shop area features finished walls and ceilings, providing ample space for storage, production, or other operational needs. Access is facilitated by a cement dock with an overhead door for semi-truck access from the alley, and an additional overhead door at main level. Constructed with a wood frame and enhanced with spray foam wall insulation and blown-in ceiling insulation, the building is energy-efficient and comfortable year-round. The roof is covered with asphalt shingles, and the property benefits from efficient floor heating and central air conditioning. A recently updated (approximately 10 years old) boiler ensures reliable heating. The interior features fluorescent lighting throughout. A convenient cement parking lot is located on the west side of the building. The property's zoning allows for a wide range of business uses. Note that display cabinets in the showroom are excluded from the sale. This is a turnkey opportunity for a business seeking a well-equipped and strategically located space in Cresco.
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Northeast Iowa Appliance Home Appliance Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.