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    218 Main St Orchard, IA 50460

    For Sale
    $35,000

    Prime Commercial Space, 1680 sq ft

    Property size:
    1,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This historic commercial property, located at 218 Main Street in Orchard, Iowa, presents a unique investment opportunity. Situated on a half-acre corner lot, this 1,680 square foot building boasts a spacious open floor plan ideal for a variety of commercial uses. The property includes a full basement, offering additional storage or expansion potential. A recent upgrade includes a new rubber roof, ensuring long-term durability. The building is connected to city water and sewer lines, providing convenient and reliable utilities. The property is being offered "as is," with the sale including certain personal property items. Specifically, the sale includes an LP tank, the existing bar fixtures, a cooler, and all unattached components of the building and business. Please note that certain items are excluded from the sale, including a shed located on the property and any new building materials currently stored on-site. This property's prime Main Street location and substantial square footage make it an attractive option for entrepreneurs seeking a well-established commercial space with significant upside potential. The half-acre lot provides ample space for potential future development or expansion. This is a rare opportunity to acquire a piece of Orchard's history and establish a thriving business. Serious inquiries only.

    Property Features for 218 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,680 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1915
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Orchard
    County
    Mitchell
    State
    Iowa
    Longitude
    -92.77464
    Latitude
    43.22723

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Space, 1680 sq ft
    Where is this commercial real estate located?
    The property is located at 218 Main St Orchard, IA.
    What is the asking price?
    The asking price for this property is $35,000.
    (641) 228-1111
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    218 Main St Orchard, IA 50460
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    Orchard, IA 50460
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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
    218 Main St Orchard, IA 50460
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