Mixed-Use Building with Coffee
For Sale
$375,000
806 12th Street Belle, Belle Plaine, IA 52208
Restored mixed-use building with a turnkey coffee shop on the main level and a furnished two-bedroom short-term rental upstairs.
Property Size1,609 SF
Days on Market113
Property Features for 806 12th Street Belle
General Information
Standard status
Active
Size
1,609 SF
Property subtype
Mixed Use
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Building Size
1,609 SF
Listing Agency:
RE/MAX
Listed By:
Shane Torres · License #475187323
(515) 984-0222
Source:
Remaxcommercial
Added: Jul 3
Changed: Oct 14
Last Checked: Oct 20 at 5:07PM
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 RE/MAX
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Investment Insights
Based on property information with market context.
This restored mixed-use commercial building combines a turnkey coffee shop with an upstairs furnished short-term rental. The main level is equipped for immediate operation, featuring expansive storefront windows, natural light, original wood flooring, modern fixtures, and updated mechanicals. The property also includes dedicated office space, storage areas, basement access, and a newly updated storage room flooring.
Upstairs, a fully furnished two-bedroom Airbnb provides an additional income stream, averaging approximately $1,000 per month with seasonal fluctuations during the winter. The rental includes a full kitchen with updated appliances, plus washer/dryer. Guests stay within walking distance of Belle Plaine’s growing downtown district, and the building is noted as a popular stop along the RAGBRAI route.
Recent updates include windows, roof, HVAC, electrical systems, lighting, flooring, and interior finishes. The property is offered for sale at 806 12th Street, Belle Plaine, IA 52208.
Upstairs, a fully furnished two-bedroom Airbnb provides an additional income stream, averaging approximately $1,000 per month with seasonal fluctuations during the winter. The rental includes a full kitchen with updated appliances, plus washer/dryer. Guests stay within walking distance of Belle Plaine’s growing downtown district, and the building is noted as a popular stop along the RAGBRAI route.
Recent updates include windows, roof, HVAC, electrical systems, lighting, flooring, and interior finishes. The property is offered for sale at 806 12th Street, Belle Plaine, IA 52208.
Key Highlights
- Restored mixed‑use building at 806 12th Street, Belle Plaine, IA 52208.
- Main level operates as a coffee shop with expansive storefront windows, original wood flooring, and modern fixtures.
- Upstairs is a fully furnished 2‑bedroom Airbnb with an average income of about $1,000/month, with winter seasonal fluctuations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,301
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,020
$326.0K
Cap Rate 7%
$232,871
$232.9K
Cap Rate 9%
$181,122
$181.1K
Market Conditions
NOI Build-Up for 1,609 SF
Gross rent
$23.6K $14.64/SF
− Vacancy
−$1.8K −$1.13/SF
EGI
$21.7K $13.51/SF
− OpEx
−$5.4K −$3.38/SF
NOI
$16.3K $10.13/SF
Area
Benton County, IA
Vacancy
7.73%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,020
Cap Rate 7%
$232,871
Cap Rate 9%
$181,122
Alternative Uses
Best Use
Specialty Retail
$232.9K
$203.8K – $271.7K
NOI $16,301 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$185.2K
$162.1K – $216.1K
NOI $12,966 @ 7.0% cap · market cap 3.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52208, IA
2,951
Population
1,451
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
95%
High-School Grad
60.7 sq mi
ZIP Area
49
Density / Sq Mi
$71,336
Median Household Income
$45,202
Median Earnings
$773
Median Rent
$119,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Coffee shop - Restored mixed-use building with a turnkey coffee shop on the main level and a furnished two-bedroom short-term rental upstairs.
Where is this coffee shop located?
The property is located at 806 12th Street Belle Belle Plaine, IA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Restored mixed‑use building at 806 12th Street, Belle Plaine, IA 52208.; Main level operates as a coffee shop with expansive storefront windows, original wood flooring, and modern fixtures.; Upstairs is a fully furnished 2‑bedroom Airbnb with an average income of about $1,000/month, with winter seasonal fluctuations.
