Building Details

Year Built 1900

Listing Agency: Barnes Real Estate,

Listed By: Connie Barnes Show Phone

Source: Cbhrealty

Added: Jan 16 Changed: Oct 21 Last Checked: Oct 21 at 12:02AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barnes Real Estate,

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Located at 305 B Ave, Vinton, IA, this B2 commercial property was formerly used as a veterinarian office and includes a functional, existing layout that can be adapted to a variety of business uses. The space is suited for owner-occupants or investors looking to reconfigure the interior to fit their operational needs.

The property is situated in downtown Vinton and is zoned B2. In addition, the owner will be purchasing the lot behind the structure that is home to parking and a garage, which may support future flexibility for customer or tenant access.

Key Highlights

• B2 commercial property in downtown Vinton, previously used as a veterinary office
• Functional former vet layout can be adapted for retail, salon, boutique, thrift shop, or professional office use
• Owner will be purchasing the lot behind the structure that includes parking and a garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$6,680

Cap Rate

5.61%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$133,600 $133.6K

Cap Rate 7%

$95,429 $95.4K

Cap Rate 9%

$74,222 $74.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,391 SF

Gross rent

$11.7K $8.40/SF

− Vacancy

−$2.8K −$2.00/SF

EGI

$8.9K $6.40/SF

− OpEx

−$2.2K −$1.60/SF

NOI

$6.7K $4.80/SF

Area

Benton County, IA

Vacancy

23.77%

Lease Rate

$8.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$133,600

Cap Rate 7%

$95,429

Cap Rate 9%

$74,222

Alternative Uses

Best Use

Office B

$95.4K

$83.5K – $111.3K (±1% cap)

NOI $6,680 @ 7.0% cap · market cap 5.61%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$201.3K

$176.2K – $234.9K (±1% cap)

NOI $14,093 @ 7.0% cap · market cap 11.84%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

424

Businesses Nearby

Explore this area Business Placement

Demographics for 52349, IA

7,405

Population

3,548

Households

2.1

Avg Household Size

44

Median Age

28%

College-Educated

91%

High-School Grad

149.6 sq mi

ZIP Area

49

Density / Sq Mi

$71,537

Median Household Income

$53,000

Median Earnings

$838

Median Rent

$173,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Similar For Sale Nearby

See more

Retail Showroom and Office

414 C Ave, Vinton, IA 52349

$240,000

1,150 SF

View details

Renovated Brick Mixed-Use Property

916 W 9th Street, Vinton, IA 52349

$375,000

3,626 SF

View details

Storage Garage Property

908 J Avenue, Vinton, IA 52349

$125,000

2,064 SF

View details

Historic Dairy Barn Warehouse

910 J Ave, Vinton, IA 52349

$135,000

2,376 SF

View details

Flexible Flex Space with Offices

315 A Avenue, Vinton, IA 52349

$215,000

2,400 SF

View details

Flex Service Building with Loading Dock

1002 G Avenue, Vinton, IA 52349

$425,000

10,053 SF

View details

Storefront Property with Finished Basement

102 E 4th Street E, Vinton, IA 52349

$649,900

View details

Five-Unit Apartment Building

205 W 5Th Street, Vinton, IA 52349

$129,500

0.12 Acres

View details

Industrial Flex Warehouse Campus

701 N K Ave, Vinton, IA 52349

$2,800,000

48,036 SF

View details

Frequently Asked Questions

What type of property is this?

Office unit - Downtown Vinton building with B2 zoning and a former veterinary office layout.

Where is this office unit located?

The property is located at 305 B Avenue Vinton, IA.

What is the asking price?

The asking price for this property is $119,000.

What are key features of this property?

This property features: B2 commercial property in downtown Vinton, previously used as a veterinary office; Functional former vet layout can be adapted for retail, salon, boutique, thrift shop, or professional office use; Owner will be purchasing the lot behind the structure that includes parking and a garage