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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

625 2Nd St Traer, IA 50675

7,500 SF Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 7,500 square foot commercial property, located at 625 2nd Street in Traer, Iowa, presents a unique investment opportunity. Built in 1920, this single-story building offers versatile flex space ideal for a variety of uses, including office, light manufacturing, and retail. Its prime downtown location ensures high visibility and convenient access, complemented by ample parking. The property's 7,500 square feet provide ample room for operations and expansion. The building's adaptable layout allows for customization to suit specific business needs. Situated in Tama County, Iowa, with a zip code of 50675, this property benefits from its central location within the vibrant Traer community. The asking price is $210,000. This presents a rare chance to acquire a well-situated, adaptable commercial space with significant potential for growth and return on investment. The property's history and character combine with its modern functionality to create a truly unique offering in the heart of Traer. Don't miss this opportunity to own a piece of Traer's commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 7,500 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
  • Traer Star-Clipper Publishing House Newspaper & Magazine
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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