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    604 7Th St Atlantic, IA 50022

    Sponsored
    For Sale
    $200,000

    Prime Hwy Location, 1992 sq ft, Updated

    Property size:
    1,992 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,992 square foot commercial building presents a fantastic turnkey business opportunity in Atlantic, Iowa. Strategically located on a major highway, this property boasts high visibility and convenient access. The interior features a spacious dining area with seating for 48 patrons, complemented by outdoor deck seating for pleasant weather dining. Recent significant upgrades enhance this property's value and functionality. These improvements include a completely remodeled restroom (recent year unspecified), new heating and air conditioning units (2020), and a newly installed mini-split system (2020). The parking lot received a fresh asphalt overlay in 2021, ensuring smooth and safe parking for customers and staff. Further enhancing the property's infrastructure, a new sewer line was installed connecting the building to the street in 2022. Finally, the electrical system received a comprehensive upgrade with new underground wiring to the building and a new electrical box installed alongside the existing one in 2023/2024. This meticulously maintained building sits on a 0.32-acre lot and is priced at $200,000. A comprehensive list of included equipment and furnishings is available upon request. This is a rare opportunity to acquire a well-maintained, updated commercial property in a prime location. Don't miss out!

    Property Features for 604 7Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,992 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic
    County
    Cass
    State
    Iowa
    Longitude
    -95.02164
    Latitude
    41.40436

    Nearby Comparable

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      Atlantic IA Commercial Property

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    • $375,000
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      Atlantic Commercial Building - Prime Location

      High-Visibility Commercial Space, Ample Parking
      106 7Th St, Atlantic, IA 50022
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    • $369,000
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      Renovated Restaurant Building For Sale

      Turnkey restaurant opportunity in Elk Horn, Iowa.
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    Nearby Similar for Sale

    • $375,000
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      Atlantic Commercial Building - Prime Location

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      106 7Th St, Atlantic, IA 50022
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    • $205,000

      Atlantic IA Commercial Property

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      610 7Th St, Atlantic, IA 50022
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Hwy Location, 1992 sq ft, Updated
    Where is this commercial real estate located?
    The property is located at 604 7Th St Atlantic, IA.
    What is the asking price?
    The asking price for this property is $200,000.
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    604 7Th St Atlantic, IA 50022
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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
    604 7Th St Atlantic, IA 50022
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