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Property profile & analytics
OFF-MARKET
Office Spaces

819 1Sr St Independence, IA 50644

1,104 SF 0.53 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This well-maintained 1,104 square foot office building presents a fantastic opportunity for business owners seeking a versatile and conveniently located workspace in Independence, IA. Situated on a 0.53-acre lot, the property boasts ample paved parking, ensuring convenient access for clients and employees. The building's interior features three large offices, perfect for individual workspaces or private meetings, a dedicated break room for staff, and two restrooms. A spacious reception area offers additional room for administrative desks or waiting space. Exterior features include updated vinyl siding and a newer roof, contributing to both the building's aesthetic appeal and its long-term durability. The building's excellent condition is further highlighted by the seller's willingness to leave behind some existing furniture, providing a seamless transition for the new owner. Its proximity to downtown Independence and the local hospital makes this property highly desirable, offering easy access to essential amenities and a strong local workforce. This is an exceptional opportunity to acquire a turnkey office space in a thriving community. The asking price is $179,900.

Property profile
Verified
Property type Office Spaces
Year built 1975
Total area 1,104 SF
Lot 0.53 ac (23,087 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
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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