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Property profile

205 Washington St Burlington, IA 52601

OFF-MARKET
Office Spaces
View Sample
7,200 SF Built 1873

Property summary

AI-generated overview

The Eagles Building, a beautifully renovated historic property at 205 Washington St, Burlington, IA 52601, offers exceptional office space in the heart of downtown. Built in 1873 and extensively renovated in 2023, this three-story building boasts 7,200 square feet across five suites, providing flexible options for businesses of all sizes. The building's traditional office layout is complemented by its suitability for coworking and creative office spaces, catering to diverse needs. Two elevators, including both passenger and freight capabilities, ensure efficient access to all three floors. Parking is conveniently located nearby, utilizing on-street parking and the city parking garage situated at the corner of Washington and Main Streets. The building's central location offers unparalleled convenience, with easy walking access to the post office, banks, restaurants, and shopping. Suite sizes range from 424 square feet to the entire 7,200 square feet, allowing for customization to meet specific business requirements. This is a unique opportunity to secure prestigious office space in a revitalized historic building within a thriving downtown area. Inquire today to learn more about available suites and lease terms.

Property profile

Verified
Property type Office Spaces
Year built 1873
Total area 7,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Environmental Consultant
  • Spa & Massage Center Alternative Medicine Practice
  • Construction Company General Contractor
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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