206 Main StCedar Falls, IA 50613

Property Details for 206 Main St

Year built

1900

Construction

CONCRETE BLOCKS

Lot size

0.06 AC

Property size (Sq ft)

3,540 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

8914-12-252-019

APU

891412252019

Description

This exceptional retail space, located at 206 Main Street, offers 1,553 square feet of versatile commercial space in a highly desirable location. Situated in a historic building constructed in 1900, this property boasts charming architectural details including exposed brick and hardwood floors. The space is currently available for lease and presents a fantastic opportunity for businesses seeking a prominent Main Street presence. The building is zoned C-3, allowing for a variety of commercial uses. The asking lease rate is $15.50 per square foot, NNN. This means tenants are responsible for property taxes, insurance, and common area maintenance. The open floor plan provides flexibility for customization to suit individual business needs. The high traffic volume on Main Street ensures excellent visibility and accessibility for customers. This property is part of a larger building totaling 2,720 square feet, with multiple tenants. The property is located in Black Hawk County. Don't miss this chance to establish your business in a vibrant and well-trafficked area. This space is perfect for a business that values character and prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $722,577

  6.5%

  $666,994

  7%

  $619,351

• Comparable approach

  Method

  Valuation

  Relative Method

  $280,056

  Geo Method

  $280,056

• Alternative Use

  Use

  Valuation

  Residential

  $666,994

  Hospitality

  $610,963

  Educational

  $508,314

  Medical

  $525,795

  Retail

  $790,710

Location Insight

City

Cedar Falls

County

Black Hawk

State

Iowa

Latitude

42.5366

Longitude

-92.4451

CBSA code

47940

CBSA name

WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.