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Property profile & analytics
OFF-MARKET
Office Spaces

1302 Broadway St Toledo, IA 52342

1,500 SF 0.29 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This 1,500-3,000 square foot former medical clinic in Toledo, Iowa, presents a unique owner-user investment opportunity. Located at a hard corner on S Broadway St, directly across from UnityPoint Medical Center, Center Associates Mental Health Center, and Family Aquatic Center, this single-building property boasts excellent visibility and accessibility. Built in 1990, the building sits on a 0.287-acre lot and features drive-up parking for clients and additional employee parking at a lower level. The interior includes a reception area and multiple private rooms, adaptable for various uses. Several rooms have built-in sinks with convenient basement access to plumbing. The property benefits from its proximity to major transportation corridors, including Hwy 30 and Hwy 63, placing it within 15 minutes of Marshalltown and an hour of Cedar Rapids, Waterloo, and the Des Moines Metro Areas. The asking price is $135,000, with an occupancy date of March 15, 2024. The property features both monument and building signage, offering significant branding opportunities. The property's APN is 14.22.455.017.

Property profile
Verified
Property type Office Spaces
Year built 1990
Total area 1,500 SF
Lot 0.29 ac (12,502 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sarah Patin Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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