102 Main St Washington, IA 52353-2013
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.
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Washington Bancorp Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.