Flexible Medical Office
630 S Main St Monticello, IA 52310
630 S Main St, Monticello, IA, 52310
$300,000
For Sale
$300,000
Spacious building with reception area, multiple rooms with water access, private office, and recent HVAC upgrades.
Property Size2,300 SF
Price / SF$130.43
Days on Market132
Property Features for 630 S Main St
General Information
- Standard status
- Active
- Size
- 2,300 SF
Listing agency
McDonough Real Estate
(319) 480-0303
Listed by
Michael McDonough
(319) 480-0303
Source
Exprealty
Added: Mar 13 Updated: Jul 22 at 10:42AM Checked: Jul 22 at 10:42AM
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 McDonough Real Estate
Investment Insights
Based on property information with market context.
This spacious commercial building is currently set up for a dental practice but offers a flexible layout suitable for office or retail use. The interior includes an impressive foyer and welcoming reception area, multiple rooms with water access, a private office, and a break room. There are three bathrooms, including one with a shower.
Recent upgrades include a new furnace and central air, supporting comfortable year-round operations. The basement adds extensive storage along with an additional room that could be used as an office or workspace. The property also provides plentiful parking for staff and guests, supporting convenient access for clients and visitors.
Recent upgrades include a new furnace and central air, supporting comfortable year-round operations. The basement adds extensive storage along with an additional room that could be used as an office or workspace. The property also provides plentiful parking for staff and guests, supporting convenient access for clients and visitors.
Key Highlights
- Over 2,300 SF flexible commercial building currently used as a dental practice
- Foyer and reception area designed to welcome clients and visitors
- Multiple rooms include water access, plus a private office and break room
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $13.80 |
| − Vacancy | −$3.2k | −$1.38 |
| EGI | $28.6k | $12.42 |
| − OpEx | −$11.4k | −$4.97 |
| NOI | $17.1k | $7.45 |
2,300 SF · lease $13.80/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$244.9K
$214.3K – $285.7K
NOI $17,140 @ 7.0% cap · market cap 5.71%
Second Best
Office B
$157.8K
$138.1K – $184.1K
NOI $11,046 @ 7.0% cap · market cap 3.68%
Theoretical Best
Specialty Retail
$332.9K
$291.3K – $388.4K
NOI $23,302 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mc Dermott Mary ...
Dental Office
Brian James
Dental Office
Monticello Family Dentistry
Dental Office
Dr. Lindsey Meyer, ...
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Monticello Veterinary Clinic — 305 N Haven Dr, Monticello, IA 52310
- Family Veterinary Services — 402 E 1st St, Monticello, IA 52310
FAQs
What type of property is this?
Medical Office Space - Spacious building with reception area, multiple rooms with water access, private office, and recent HVAC upgrades.
Where is this medical office space located?
The property is located at 630 S Main St Monticello, IA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Over 2,300 SF flexible commercial building currently used as a dental practice; Foyer and reception area designed to welcome clients and visitors; Multiple rooms include water access, plus a private office and break room
