Financial
Distress signals
Property profile

109 Washington St Washington, IA 52353

OFF-MARKET
Turn key restaurants
Property ID
US25-1900336
3,458 SF 0.08 ac lot Built 1900
Last sale Apr 2026 · $179,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant use building in downtown Washington, Iowa, located near the Historic Theatre. It is situated on a 0.07-acre lot and is zoned for commercial use. The premises include a dining area and restroom facilities, with improvements that include a refurbished dining area, renovated bathrooms, and upgrades to the back-of-house kitchen areas. The space is configured with kitchen and customer-facing components commonly associated with full-service restaurant operations and is described as being fully equipped for ready operation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$143k
Assessed land$23k
Assessed improvement$121k
Effective rate2.07%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$145k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.3
Law Firm14.8
HVAC Service11.2

Location

109 Washington St Washington, IA 52353-2022
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 Main, Washington, IA 52353-2070 $320,000 Jan 2024 4,624 SF
611 6th, Washington, IA 52353-2331 $225,000 Jul 2023 1,872 SF
428 Iowa, Washington, IA 52353-1955 $400,000 Jun 2022 7,176 SF
111 Marion, Washington, IA 52353-2032 $186,000 Aug 2021 4,319 SF
220 Iowa, Washington, IA 52353-1913 $95,000 Oct 2020 1,729 SF
121 Marion, Washington, IA 52353-2032 $52,000 Oct 2018 8,803 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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