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    104 Elm St Cresco, IA 52136

    For Sale
    $699,000

    Prime location, remodeled, fully equipped.

    Property size:
    4,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 4,250 square foot retail property, situated on a 0.06-acre lot at 104 N Elm Street in Cresco, Iowa, presents a remarkable investment opportunity. Completely remodeled, this building boasts a prime location within Cresco's bustling business district, offering convenient access to Highway 9 for optimal customer reach. The main floor features a welcoming greeting area, comfortable booth and table seating, two restrooms, a horseshoe-shaped bar, and a fully equipped commercial kitchen. Upstairs, additional seating, two more restrooms, and a second full bar provide ample space for various uses. Both levels showcase beautiful hardwood floors, creating an inviting atmosphere. A full basement offers extensive storage, complemented by two walk-in coolers and additional refrigeration units. Modernization is complete with a new elevator servicing all three floors, and all electrical, HVAC, and plumbing systems have been replaced within the last year. This turnkey operation includes all commercial equipment, furniture, and supplies, minimizing start-up costs and maximizing immediate operational potential. The property's versatility allows for a wide range of business ventures, making it an exceptional opportunity for entrepreneurs seeking a thriving location and a fully equipped space. The asking price is $699,000.

    Property Features for 104 Elm St

    General Information

    Property type
    Retail properties
    Square Feet
    4,250 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1891
    Property Profile Insight Report 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
    Cresco
    County
    Howard
    State
    Iowa
    Longitude
    -92.11694
    Latitude
    43.37245

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    Nearby Similar for Sale

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      Prime Cresco Commercial Space

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    FAQs

    What type of property is this?
    Retail property - Prime location, remodeled, fully equipped.
    Where is this retail property located?
    The property is located at 104 Elm St Cresco, IA.
    What is the asking price?
    The asking price for this property is $699,000.
    (563) 547-2554
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    104 Elm St Cresco, IA 52136
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    Cresco, IA 52136
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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
    104 Elm St Cresco, IA 52136
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