Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    117 Michigan Ave George, IA 51237

    For Sale
    $300,000

    Profitable Turnkey Operation, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity in George, Iowa presents a chance to acquire a well-established enterprise with a decades-long history of serving Northwest Iowa. The property includes a substantial building of approximately 3000 square feet, ideally suited for continued operation. The building features dedicated freezer space, a cooler, a processing area, and a smoker, all essential components for efficient and effective business operations. Significant upgrades have been implemented to both the building itself and the processing equipment, ensuring a smooth transition for the new owner. This turnkey operation is poised for continued success, offering a strong income-producing potential. The current owner is eager to facilitate a seamless transfer of ownership, ensuring the business continues its legacy of service to the community. Detailed financial information and a comprehensive equipment list are available upon request for serious buyers. The property sits on a 0.13-acre lot, providing ample space for operations and potential future expansion. This is a rare opportunity to acquire a thriving, established business in a desirable location. Serious inquiries are encouraged to explore this lucrative investment. Contact us today to learn more and schedule a viewing.

    Property Features for 117 Michigan Ave

    General Information

    Property type
    Investment properties
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1937
    Insight Report Location Intelligence

    Current Use by Public Records

    George Locker BPLLC Butcher Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    George
    County
    Other (Out of Jurisdiction)
    State
    Iowa
    Longitude
    -96.00124
    Latitude
    43.34336

    Nearby Comparable

    • $125,000
      0.06 Acres

      Turnkey Pub in George, Iowa

      Profitable pub with full kitchen, bar, and liquor store.
      120 N Main St, George, IA 51237
      View Details
    • $199,500

      Commercial Building in George, Iowa

      Commercial building with shop space and additional hoop building structures.
      505 S Baldwin St, George, IA 51237
      View Details
    • Contact for pricing
      Pending

      Farmland Near Cooperative Farmers Elevator

      149.58 acre farm with 143.07 FSA/Eff crop acres.
      Kennedy Ave, George, IA 51237
      View Details
    • $870,000
      60.00 Acres

      Farmland in Lyon County, Iowa

      60+/- acres of farmland for sale near George, Iowa.
      3726 250Th St, George, IA 51237
      View Details
    • $399,500
      1.00 Acre

      Grain Elevator and Storage Facility

      Grain elevator and storage facility in Northwest Iowa with multi-purpose buildings.
      495 Ledyard Ave, Matlock, IA 51244
      View Details
    • $369,460
      56.84 Acres

      Pastureland Near Doon, Iowa

      56.84 acres of pastureland northeast of Doon, Iowa.
      2438 Harrison Ave, Doon, IA 51235
      View Details

    Nearby Similar for Sale

    • $125,000
      0.06 Acres

      Turnkey Pub in George, Iowa

      Profitable pub with full kitchen, bar, and liquor store.
      120 N Main St, George, IA 51237
      View Details
    • $199,500

      Commercial Building in George, Iowa

      Commercial building with shop space and additional hoop building structures.
      505 S Baldwin St, George, IA 51237
      View Details

    FAQs

    What type of property is this?
    Investment property - Profitable Turnkey Operation, Great Location
    Where is this investment property located?
    The property is located at 117 Michigan Ave George, IA.
    What is the asking price?
    The asking price for this property is $300,000.
    (712) 753-4390
    Request Owner's contact information
    117 Michigan Ave George, IA 51237
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 Michigan Ave
    George, IA 51237
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    117 Michigan Ave George, IA 51237
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.