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    102 Main St Washington, IA 52353

    For Sale
    $500,000

    Downtown Washington, IA - Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    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 Features for 102 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1912
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Washington Bancorp Bank

    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
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.69139
    Latitude
    41.29967

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Washington, IA - Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 102 Main St Washington, IA.
    What is the asking price?
    The asking price for this property is $500,000.
    (319) 351-8811
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    102 Main St Washington, IA 52353
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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
    102 Main St Washington, IA 52353
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