321 Main St Burlington, IA 52601
- Office buildings
- 21,420 SF
- 0.16 lot acres
Current Use by Public Records
- Office buildings
Property Details for 321 Main St
- Year built
- 1870
- Lot size
- 0.16 lot acres
- Property size
- 21,420 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 16-04-104-013
- APU
- 1604104013
Description
This exceptional commercial property, located at 321 S Main Street in Burlington, Iowa, is being offered at a court-ordered in-person auction on Tuesday, February 25, 2025, at 10:00 a.m. The auction will be held at the First United Methodist Church Loft #2, 416 Jefferson St, Burlington, IA 52601. The property comprises a substantial amount of space ideal for various commercial uses. The buildings include a 3,060 square foot warehouse constructed in 1947, a larger 5,473 square foot warehouse built in 1955, and a 1,053 square foot retail store, also dating back to 1947. The property also features valuable exterior improvements. These include mercury vapor yard lighting (installed in 1947), a concrete paved parking lot (1947), and chain link fencing (1955). This presents a unique opportunity to acquire a significant commercial property in a desirable location. The property's size and diverse building components offer considerable flexibility for a range of business ventures. Interested parties are encouraged to attend the auction to explore this promising investment opportunity. The property is being sold as-is. All interested parties should conduct their own due diligence prior to bidding.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $882,000
Market price range: $883k - $2.67M
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Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1017
- Latitude
- 40.8105
- CBSA code
- 15460
- CBSA name
- BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA