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    3209 Iowa St Connersville, IN 47331

    For Sale
    $129,900

    Prime Location, Versatile Space, $129,900

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This versatile commercial property, located at 3209 Iowa Street in Connersville, Indiana, presents a unique investment opportunity. Situated on a 0.27-acre lot, the building is currently configured as a medical office, offering a readily adaptable layout for a variety of professional or retail uses. The existing interior provides a solid foundation for immediate occupancy or customization to suit specific business needs. The zoning designation is General Business, allowing for a broad range of potential applications. The asking price is $129,900. This presents a compelling opportunity for entrepreneurs and investors seeking a well-located commercial space in a thriving community. The property's convenient location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish a strong presence in the Connersville market. The building's adaptable design and zoning flexibility provide significant potential for future growth and expansion. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy, allowing for a quick start to operations. This is a rare chance to acquire a well-situated commercial building in a desirable location at an attractive price point. Don't miss this chance to secure a valuable asset in a growing market.

    Property Features for 3209 Iowa St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Connersville
    County
    Fayette
    State
    Indiana
    Longitude
    -85.13809
    Latitude
    39.67444

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    Nearby Similar for Sale

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      Connersville Office Building For Sale

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      Connersville Office/Medical Building For Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Versatile Space, $129,900
    Where is this commercial real estate located?
    The property is located at 3209 Iowa St Connersville, IN.
    What is the asking price?
    The asking price for this property is $129,900.
    (765) 288-0400
    Request Owner's contact information
    3209 Iowa St Connersville, IN 47331
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    Connersville, IN 47331
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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
    3209 Iowa St Connersville, IN 47331
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