Retail Showroom and
For Sale
$240,000
414 C Ave, Vinton, IA 52349
Well-maintained one-level building with open retail/showroom area, private office, restroom, and storage.
Property Size1,150 SF
Price / SF$208.70
Days on Market51
Property Features for 414 C Ave
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial
Zoning
C
Taxes and HOA fees
Annual Taxes
$4,812
Amenities
Carpet
ZeroStepEntry
156x70
0.25
Paved
Building Details
Year Built
1962
Stories
1
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 393-0900
Listed By:
Ali Fortin
(319) 601-9868
Source:
Pinnaclerealtyia
Added: Jul 17
Changed: Sep 4
Last Checked: Sep 4 at 3:29AM
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 GLD Commercial Real Estate Advisors
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,874
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$217,480
$217.5K
Cap Rate 7%
$155,343
$155.3K
Cap Rate 9%
$120,822
$120.8K
Market Conditions
NOI Build-Up for 1,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $10,874 @ 7.0% cap · market cap 4.53%
Second Best
Office B
$78.9K
$69.0K – $92.1K
NOI $5,523 @ 7.0% cap · market cap 2.30%
Theoretical Best
Specialty Retail
$166.4K
$145.6K – $194.2K
NOI $11,651 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
