309 Broadway Ave Stanwood, IA 52337
- Retail properties
- 5,000 SF
- 0.37 lot acres
Current Use by Public Records
- Retail properties
Property Details for 309 Broadway Ave
- Year built
- 1950
- Lot size
- 0.37 lot acres
- Property size
- 5,000 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional commercial property in Stanwood, Iowa, presents a unique investment opportunity. Priced at $210,000, this multi-building complex offers a total of approximately 9,947 square feet on a 0.37-acre lot. The main building (4,941 sq ft) features a concrete floor, a 3-ton crane (remaining), and a potential vehicle pit. This area has been previously used for various purposes including office space, a bathroom, manufacturing, fabrication, and a paint booth. A 936 sq ft remodeled mezzanine office space is also included. A second building (1,260 sq ft) provides additional shop or versatile space. Both buildings are heated, connected, and offer numerous overhead and passage doors. A third building (2,816 sq ft) provides ample storage. The property is zoned for commercial/industrial use and boasts an additional concrete foundation, ready for future expansion. Built in 1950, this property is currently 100% occupied and presents a strong return on investment. The property's location at 309 E Broadway Ave, Stanwood, IA 52337, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, multi-functional commercial property in a thriving Iowa community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stanwood
- County
- Cedar
- State
- Iowa
- Longitude
- -91.1485
- Latitude
- 41.8926