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    117 Main Ave Britt, IA 50423

    For Sale
    $65,000

    7500 sq ft building, great location!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional property, located at 117 Main Avenue North in Britt, Iowa, presents a unique investment opportunity. The building encompasses a substantial 7500 square feet, offering versatile space suitable for a variety of commercial uses, including retail or warehouse operations. Its prime Main Street location ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The property includes an ample 6200 square foot parking lot, providing convenient parking for employees and customers, supplemented by readily available street parking. While the building requires some attention and improvements, this presents a chance to customize the space to perfectly meet your business needs. The property is being sold "as is," reflecting the opportunity for renovation and potential cost savings. The 0.34-acre lot provides ample space for expansion or outdoor storage, depending on your operational requirements. This is a rare chance to acquire a well-situated commercial property in a thriving community at an attractive price point of $65,000. Don't miss this opportunity to establish your business in a highly visible and accessible location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 117 Main Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Britt
    County
    Hancock
    State
    Iowa
    Longitude
    -93.80149
    Latitude
    43.09799

    Nearby Comparable

    • $190,000
      0.04 Acres

      Remodeled Commercial Property on Main

      Remodeled commercial property suitable for retail, restaurant, or office.
      79 Main Ave N, Britt, IA 50423
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    • $189,000
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      Commercial Buildings and Vacant Lot

      Three commercial buildings plus a vacant lot for sale.
      162 2Nd St NE, Britt, IA 50423
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    • $45,000
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      Britt Commercial Building - Prime Location

      Versatile space, great location, ample storage.
      26 Main Ave, Britt, IA 50423
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    • $189,000
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      Commercial Property with Auto Repair Shop

      Commercial property featuring a warehouse and auto repair shop.
      162 2Nd St NE, Britt, IA 50423
      View Details

    Nearby Similar for Sale

    • $190,000
      0.04 Acres

      Remodeled Commercial Property on Main

      Remodeled commercial property suitable for retail, restaurant, or office.
      79 Main Ave N, Britt, IA 50423
      View Details
    • $189,000
      8,008 SF

      Commercial Property with Auto Repair Shop

      Commercial property featuring a warehouse and auto repair shop.
      162 2Nd St NE, Britt, IA 50423
      View Details
    • $189,000
      8,008 SF

      Commercial Buildings and Vacant Lot

      Three commercial buildings plus a vacant lot for sale.
      162 2Nd St NE, Britt, IA 50423
      View Details
    • $45,000
      0.05 Acres

      Britt Commercial Building - Prime Location

      Versatile space, great location, ample storage.
      26 Main Ave, Britt, IA 50423
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 7500 sq ft building, great location!
    Where is this commercial real estate located?
    The property is located at 117 Main Ave Britt, IA.
    What is the asking price?
    The asking price for this property is $65,000.
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    Britt, IA 50423
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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
    117 Main Ave Britt, IA 50423
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