Property profile

119 Stanton Ave Ames, IA 50014

OFF-MARKET
Office Spaces
1,422 SF Built 2003
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Property summary

AI-generated overview

This exceptional 1,422 square foot creative office space is located on the 7th floor of Legacy Towers, a Class B building constructed in 2003 and renovated in 2021. Situated at 119 Stanton Ave, Ames, IA 50014 (APN: 09-09-127-675), this vacant property boasts breathtaking views of the Iowa State University campus, just steps away. The open floor plan features a mezzanine level, maximizing functionality and offering a collaborative work environment. Large windows along the east and south sides provide abundant natural light. The property includes three parking spaces and is zoned CSC. Offered for sale at $299,500 ($210.62/sq ft), this single-unit space is a fantastic opportunity for a business seeking a vibrant and inspiring location. The building is eight stories tall. While a lease option is available at $1950 per month plus utilities, this listing is for the outright sale of the property.

Property profile

Verified
Property type Office Spaces
Year built 2003
Total area 1,422 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
  • Post Office
  • Corporate Office
  • Corporate Office
  • Apartment Building Business Center
  • Cafe & Coffee Shop

Location

119 Stanton Ave Ames, IA 50014
Ames metro
Google Maps

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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