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    307 E Main St Knoxville, IA 50138

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    For Sale
    $699,000

    Remodeled 1920 building with storefronts and apartments in prime location.

    Property size:
    11,034 SF

    Property Features for 307 E Main St

    General Information

    Size
    11,034 SF

    Building Details

    Year built
    1920

    Source: Kim Mulch Agent Kim Mulch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Knoxville Mixed-Use Building

    Located in Knoxville, Iowa, the 11,034 square foot building at 307 E Main St presents an investment opportunity. Constructed in 1920, this remodeled and updated building features a classic architectural style. The property includes three storefronts and five second-floor apartments. Renovations include facade updates, new walls, flooring, electric, city sewer connection, sprinkler system, new plumbing and water heaters, reinforced ceiling, and new HVAC throughout. Fiber internet service is available. Situated on a 6,000 square foot lot in the heart of Knoxville, the property offers a prime location. Recent and future development of the downtown area include streetscape, facade grants, signage grants, and CBDG projects. The property is suited for mixed-use, office, and apartment building investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Integrative Counseling Solutions, ... Counselor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Marion
    State
    Iowa
    Longitude
    -93.0960064
    Latitude
    41.319022

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled 1920 building with storefronts and apartments in prime location.
    Where is this mixed-use property located?
    The property is located at 307 E Main St Knoxville, IA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Mixed-Use Property: Featuring 3 storefronts and 5 apartments for diverse income.; - Recent Renovations: Enjoy new facade, walls, flooring, electric, city sewer connection, sprinkler system, new plumbing and water heaters, reinforced ceiling, and new HVAC throughout.; - Prime Location: Situated in the heart of Knoxville.
    (641) 780-1685
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    307 E Main St Knoxville, IA 50138
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    Knoxville, IA 50138
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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
    307 E Main St Knoxville, IA 50138
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