Commercial Investment Property in
115 E Washington Street, Winterset, IA 50273
- Added:
- Jan 23, 2026
- Days on Market:
- 110
- Last Refresh:
- May 13 at 6:06 am
Property Features for 115 E Washington Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C
- Standard status
- Active
- APN
- 828000125130000
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- LOTS 7 & 8, BLK 25 ORIGINAL (OLD PAMIDA BLDG)
- Tax Annual Amount
- 7748
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Building materials
- Block, Stucco
- Architectural style
- Other
Listing agent Jeff Longman (319) 430-5523
Listing office RE/MAX Precision 1951 E 18th Street, Ste. 103, Clive, IA (515) 223-9492
Listing date Jan 23, 2026
MLS# 733213
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully leased commercial investment property with strong annual revenue and a healthy capitalization rate.
- High traffic and visibility location across from the John Wayne Birthplace & Museum and one block from the historic town square.
- Building in great condition with large parking lot, exterior safety/security lighting, ADA access, and modern signage.
- Located in Winterset, a community known for tourism, historic covered bridges, and holiday festivals.
- Located in Madison County with high median household income.
- Block and Stucco construction with forced air natural gas heating and central air cooling.
Overview
This commercial investment property is located in Winterset, offering an opportunity to own a fully leased building with three retail tenants. The property generates strong annual revenue and features a healthy capitalization rate. The building is in great condition and includes a large parking lot, exterior safety and security lighting, ADA access, and modern signage. It benefits from high traffic and visibility, situated across the street from the John Wayne Birthplace & Museum and one block from the historic town square, known for its history, tourism, and local business community. Winterset is recognized for its historic covered bridges, the birthplace of John Wayne, scenic byways, and holiday festivals. The property is located in Madison County, with a city population of 5,421 and a county population of 17,161. The Winterset median household income is $72,822, with the majority of households in town earning between $75,000 and $100,000. The Madison County median household income is $89,542. The lot size is 0.4 acres. The property is zoned C.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Genesis Development
Charitable Organization
Lumberjack Design Co.
(Bike/Boat/Book/etc) Store
Family Directions of Iowa
Counselor
Location Insight
- Map
- Local Demand
- City
- Winterset
- County
- Madison
- State
- Iowa
- Longitude
- -94.012518
- Latitude
- 41.333752
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Fully leased retail property in historic Winterset with high visibility.
Where is this shopping center located?
The property is located at 115 E Washington Street Winterset, IA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Fully leased commercial investment property with strong annual revenue and a healthy capitalization rate.; High traffic and visibility location across from the John Wayne Birthplace & Museum and one block from the historic town square.; Building in great condition with large parking lot, exterior safety/security lighting, ADA access, and modern signage.
