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Property profile & analytics
OFF-MARKET
Banks

102 Main St Washington, IA 52353-2013

7,144 SF 0.13 ac lot Built 1912
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US25-1550867
Property summary
AI-generated overview

This exceptional commercial property, located at 102 E Main St Unit & 110 N in the heart of Washington, Iowa, presents a compelling investment opportunity. Situated on a 0.13-acre lot, this general commercial property is priced at $500,000. The property's precise square footage is currently unavailable, however, its central location within the vibrant downtown area offers significant potential for a variety of commercial uses. The address encompasses two units, suggesting potential for multi-tenant occupancy or a single, larger-scale operation. This prime location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's strong location within Washington, IA, offers a stable market with a growing economy. Further due diligence is recommended to fully assess the property's potential and to determine the suitability for specific business ventures. Interested parties are encouraged to conduct their own independent inspections and market research to confirm the property's suitability for their intended use. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Iowa community. The asking price reflects the property's strategic location and potential for future growth. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1912
Total area 7,144 SF
Lot 0.13 ac (5,808 SF)
APN 11-17-333-022
UPID US25-1550867
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Washington Bancorp Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ashley N Nash · 11 yrs held
Ashley N Nash
since 2014
2 recorded transactions
2025
Price N/A
2014
$68,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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