Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    John Wayne Dr Winterset, IA 50273

    For Sale
    $259,000

    Charming retail space, high foot traffic.

    Property size:
    2,134 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 111 & 109 S John Wayne Drive in the heart of Winterset, Iowa's historic Madison County district, presents a unique investment opportunity. The property encompasses a total of 2,134 square feet situated on a 0.02-acre lot. Currently operating as a single retail space, this property offers remarkable flexibility. The three buildings that comprise the space can easily be divided into two separate units, catering to a variety of business needs. The property boasts undeniable charm and character, featuring exposed brick and original tin ceilings. Building 111 includes a fully custom-designed kitchen and a spacious lower level, providing ample additional storage or workspace. Building 109 features a gas fireplace and a beautifully crafted, custom-built cash wrap area. The second story of this building, currently used as tanning/sauna space, presents potential for expansion of retail space or other uses. The property's prime location between the town square and the John Wayne Birthplace Museum ensures high foot traffic and excellent visibility. This is a rare opportunity to own a piece of Winterset's rich history and establish a thriving retail business in a highly desirable location. The asking price for this exceptional property is $259,000.

    Property Features for John Wayne Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,134 SF
    Lot Size
    871 SF

    Building Details

    Year Built
    1895
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winterset
    County
    Madison
    State
    Iowa
    Longitude
    -94.01337
    Latitude
    41.33421

    Nearby Comparable

    • $575,000
      12,980 SF

      Winterset Square Commercial Gem

      Historic building, retail & apartments
      70 Court Ave, Winterset, IA 50273
      View Details
    • $254,000
      0.06 Acres

      Winterset Mixed-Use Property Near Square

      Versatile property near downtown Winterset with retail and apartment spaces.
      110 W Court Ave, Winterset, IA 50273
      View Details
    • $140,000
      1,556 SF

      Winterset Duplex Conversion Opportunity

      Conversion duplex near downtown Winterset, ideal for investors.
      523 S 2Nd St, Winterset, IA 50273
      View Details
    • $450,000
      30.00 Acres

      Productive Farmland in Winterset, Iowa

      30 acres of tillable land perfect for farming or building.
      Rr Scott Township, Winterset, IA 50222
      View Details
    • Contact for pricing

      Winterset Commercial Property with Office

      Commercial property with office space and shop near Winterset, Iowa.
      2273 Clark Tower Rd, Winterset, IA 50273
      View Details
    • Contact for pricing

      Winterset Commercial Property with Shop

      Commercial property with office, fireplace, shop space near Winterset.
      2273 Clark Tower Rd, Winterset, IA 50273
      View Details

    Nearby Similar for Sale

    • $254,000
      0.06 Acres

      Winterset Mixed-Use Property Near Square

      Versatile property near downtown Winterset with retail and apartment spaces.
      110 W Court Ave, Winterset, IA 50273
      View Details
    • Contact for pricing

      Winterset Commercial Property with Shop

      Commercial property with office, fireplace, shop space near Winterset.
      2273 Clark Tower Rd, Winterset, IA 50273
      View Details
    • $140,000
      1,556 SF

      Winterset Duplex Conversion Opportunity

      Conversion duplex near downtown Winterset, ideal for investors.
      523 S 2Nd St, Winterset, IA 50273
      View Details
    • $575,000
      12,980 SF

      Winterset Square Commercial Gem

      Historic building, retail & apartments
      70 Court Ave, Winterset, IA 50273
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Charming retail space, high foot traffic.
    Where is this commercial real estate located?
    The property is located at John Wayne Dr Winterset, IA.
    What is the asking price?
    The asking price for this property is $259,000.
    (515) 462-3120
    Request Owner's contact information
    John Wayne Dr Winterset, IA 50273
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    John Wayne Dr
    Winterset, IA 50273
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    John Wayne Dr Winterset, IA 50273
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.