Building Details

Year Built 1962

Stories 1

Listing Agency: Lepic-Kroeger, REALTORS Show Phone

Listed By: Ali Fortin Show Phone

Source: Pinnaclerealtyia

Added: Jul 17 Changed: Oct 16 Last Checked: Oct 20 at 6:08PM

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 Lepic-Kroeger, REALTORS

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.

This well-maintained, one-level commercial building offers a flexible interior layout well suited to showroom and office-oriented uses. The space includes an open retail/showroom area along with a private office, a restroom, and storage. The building was built in 1962 and totals approximately 1,150 square feet.

The property is offered for sale at 414 C Ave in Vinton, Iowa and features ample parking and large display windows for visibility. It was previously operated as a cell phone retail store, which supports the building’s practical configuration for retail, professional office, service-based, boutique, or studio concepts.

For buyers and owner-occupants, the combination of an open front area and dedicated back-office/storage space provides straightforward day-to-day functionality within a compact, single-story footprint.

Key Highlights

• 1,150 sq. ft. one‑level commercial building built in 1962
• Flexible interior layout with open retail/showroom area, private office, restroom, and storage
• 156 x 70 lot size (0.25 acres) with paved road frontage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,874

Cap Rate

4.53%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,480 $217.5K

Cap Rate 7%

$155,343 $155.3K

Cap Rate 9%

$120,822 $120.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,150 SF

Gross rent

$16.8K $14.64/SF

− Vacancy

−$1.3K −$1.13/SF

EGI

$15.5K $13.51/SF

− OpEx

−$4.7K −$4.05/SF

NOI

$10.9K $9.46/SF

Area

Benton County, IA

Vacancy

7.73%

Lease Rate

$14.64 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,480

Cap Rate 7%

$155,343

Cap Rate 9%

$120,822

Alternative Uses

Best Use

Retail

$155.3K

$135.9K – $181.2K (±1% cap)

NOI $10,874 @ 7.0% cap · market cap 4.53%

Second Best

Office B

$78.9K

$69.0K – $92.1K (±1% cap)

NOI $5,523 @ 7.0% cap · market cap 2.30%

Theoretical Best

Specialty Retail

$166.4K

$145.6K – $194.2K (±1% cap)

NOI $11,651 @ 7.0% cap · market cap 4.85%

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

UScellular Authorized Agent ... Mobile Phone Store

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

Under-served

Demand for This Use

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

B2 Commercial Office and Retail Building

305 B Avenue, Vinton, IA 52349

$119,000

1,391 SF

View details

Renovated Brick Mixed-Use Property

916 W 9th Street, Vinton, IA 52349

$375,000

3,626 SF

View details

Storefront Property with Finished Basement

102 E 4th Street E, Vinton, IA 52349

$649,900

View details

Flexible Flex Space with Offices

315 A Avenue, Vinton, IA 52349

$215,000

2,400 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

Flex Service Building with Loading Dock

1002 G Avenue, Vinton, IA 52349

$425,000

10,053 SF

View details

Industrial Flex Warehouse Campus

701 N K Ave, Vinton, IA 52349

$2,800,000

48,036 SF

View details

Five-Unit Apartment Building

205 W 5Th Street, Vinton, IA 52349

$129,500

0.12 Acres

View details

Similar Off Market Nearby

• Memories, Love & Dreams By Connie — 104 W 4th St, Vinton, IA 52349

Frequently Asked Questions

What type of property is this?

Storefront property - Well-maintained one-level building with open retail/showroom area, private office, restroom, and storage.

Where is this storefront property located?

The property is located at 414 C Ave Vinton, IA.

What is the asking price?

The asking price for this property is $240,000.

What are key features of this property?

This property features: 1,150 sq. ft. one‑level commercial building built in 1962; Flexible interior layout with open retail/showroom area, private office, restroom, and storage; 156 x 70 lot size (0.25 acres) with paved road frontage