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    201 Kansas St Afton, IA 50830

    For Sale
    $35,000

    Historic bar & grill, ready for new owner.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 201 E Kansas Street in the heart of Afton, IA, presents a unique investment opportunity. Previously a well-established bar and grill, this building boasts a rich history and has undergone partial renovations. With some additional improvements, it could easily be restored to its former glory as a thriving bar and grill, or repurposed to suit a variety of other businesses. The property's prime location on the town square ensures high visibility and easy access, with ample public parking readily available. Afton is a supportive community known for its strong backing of local businesses, creating a favorable environment for entrepreneurs. Adding to its appeal, this property includes two grassy lots situated east of the building, offering additional space and potential uses. Furthermore, there's an entity ready to assist with grant money and sponsorship opportunities for the right business plan. This is a rare chance to acquire a piece of Afton's history and build a successful future. The asking price is $35,000. Don't miss this chance to own a piece of Afton's vibrant commercial landscape. Schedule a viewing today.

    Property Features for 201 Kansas St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1885
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Wholesale Shop Daycare Center Department Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Afton
    County
    Union
    State
    Iowa
    Longitude
    -94.19626
    Latitude
    41.02821

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    Nearby Similar for Sale

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      Renovated Retail Building in Afton

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    FAQs

    What type of property is this?
    Commercial real estate - Historic bar & grill, ready for new owner.
    Where is this commercial real estate located?
    The property is located at 201 Kansas St Afton, IA.
    What is the asking price?
    The asking price for this property is $35,000.
    Request Owner's contact information
    201 Kansas St Afton, IA 50830
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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
    201 Kansas St Afton, IA 50830
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