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    115 Main St Denver, IA 50622

    Sponsored
    For Sale
    $199,900

    Remodeled Commercial Space, Prime Location

    Property size:
    1,427 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This meticulously updated 1,427 square foot commercial property sits on a 0.04-acre lot at 115 E Main Street in the heart of Denver, Iowa. Ideally situated within walking distance of local amenities, this property offers a vibrant and convenient location for a diverse range of businesses. Recent renovations have transformed the space, boasting fresh paint throughout, creating a clean and inviting atmosphere. The electrical system has been completely updated to meet modern business requirements, ensuring reliable power. New mechanical systems, including a high-efficiency furnace and air conditioning unit, complement the existing boiler system, providing year-round climate control. A new drop ceiling, a durable new flat roof, and energy-efficient LED lighting have been installed, minimizing future maintenance and operational costs. New flooring, doors, and woodwork contribute to a polished and professional aesthetic. The dual-zoned climate control system ensures optimal comfort in each area of the building. This versatile space is well-suited for a variety of commercial uses, from retail shops and offices to service-based businesses. The property presents a compelling opportunity to establish a thriving business in a bustling downtown setting. Priced at $199,900, this property offers a blend of modern updates and prime location, making it an exceptional investment.

    Property Features for 115 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,427 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1957
    Property Profile Location Intelligence

    Current Use by Public Records

    Larry G. Wright, ... Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage 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
    Denver
    County
    Bremer
    State
    Iowa
    Longitude
    -92.33648
    Latitude
    42.67297

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    FAQs

    What type of property is this?
    Commercial real estate - Remodeled Commercial Space, Prime Location
    Where is this commercial real estate located?
    The property is located at 115 Main St Denver, IA.
    What is the asking price?
    The asking price for this property is $199,900.
    (319) 234-5000
    Request Owner's contact information
    115 Main St Denver, IA 50622
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    Denver, IA 50622
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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
    115 Main St Denver, IA 50622
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