Remodeled Retail and Office
717 12th Street Belle Plaine, IA 52208
For Sale
$50,000
COMMERCIAL - Belle Plaine, IA
Property Size838 SF
Lot Size0.05 Acres
Price / SF$59.67
Days on Market49
Property Features for 717 12th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Comm.
- Standard status
- Active
- APN
- 03047500
- Size
- 838 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- Hutton Add W 1/2 Lot 4 Blk 6 and/or as per abstract
- Tax Annual Amount
- 682
Building Details
- Year built
- 1890
- Flooring type
- Carpet
- Roof type
- Shingle
Listing Agency:
IOWA REALTY
(319) 393-4900
Listed By:
Melissa Lennie
(319) 393-4900
Added: Jun 8
Changed: Jun 9
Last Checked: Jul 26 at 10:06AM
MLS# 2604064
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a For Sale commercial suite with a total interior remodel. The layout includes a front lobby area, two spacious office rooms, a handicap accessible bathroom, a kitchenette area, and a separate mechanical room. Heating, cooling, and hot water are included, with the furnace, AC, and water heater each reported to be approximately 5 years old, supporting day-to-day operational readiness.
Located at 717 12th Street in Belle Plaine, IA, the property is positioned on Main Street and described as having strong exposure to Main Street traffic in Belle Plaine. The building area is listed at 838 square feet, and the site totals 0.05 acres.
The mix of retail space and office space makes the property worth considering for a small business that needs customer-facing entry space along with dedicated working areas. The presence of an accessible bathroom and an on-site kitchenette can help support everyday use for staff and customers, while the separate mechanical room provides dedicated space for building systems. This configuration may also appeal to owners looking for an easily shown, move-in-ready commercial interior centered on a lobby and office arrangement.
Located at 717 12th Street in Belle Plaine, IA, the property is positioned on Main Street and described as having strong exposure to Main Street traffic in Belle Plaine. The building area is listed at 838 square feet, and the site totals 0.05 acres.
The mix of retail space and office space makes the property worth considering for a small business that needs customer-facing entry space along with dedicated working areas. The presence of an accessible bathroom and an on-site kitchenette can help support everyday use for staff and customers, while the separate mechanical room provides dedicated space for building systems. This configuration may also appeal to owners looking for an easily shown, move-in-ready commercial interior centered on a lobby and office arrangement.
Key Highlights
- Main Street commercial property in Belle Plaine
- Total remodel inside with front lobby, two office rooms, kitchenette, and separate mechanical room
- Handicap accessible bathroom
Financial Insights For Office B
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 | $7.0k | $8.40 |
| − Vacancy | −$1.7k | −$2.00 |
| EGI | $5.4k | $6.40 |
| − OpEx | −$1.3k | −$1.60 |
| NOI | $4.0k | $4.80 |
838 SF · lease $8.40/SF/yr · vacancy 23.77% · expense 25.00%
Alternative Uses
Best Use
Retail
$113.2K
$99.1K – $132.1K
NOI $7,924 @ 7.0% cap · market cap 15.85%
Second Best
Office B
$57.5K
$50.3K – $67.1K
NOI $4,024 @ 7.0% cap · market cap 8.05%
Theoretical Best
Specialty Retail
$121.3K
$106.1K – $141.5K
NOI $8,490 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Total interior remodel with a front lobby, two offices, accessible bath, and kitchenette for flexible small-business use.
Where is this office units located?
The property is located at 717 12th Street Belle Plaine, IA.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Main Street commercial property in Belle Plaine; Total remodel inside with front lobby, two office rooms, kitchenette, and separate mechanical room; Handicap accessible bathroom
