107 Main St Battle Creek, IA 51006-7703
This meticulously maintained 2,400 square foot office building, located at 107 Main Street in Battle Creek, Iowa (zip code 51006), presents a fantastic investment opportunity. Previously occupied by an insurance agency, this versatile property offers numerous possibilities for a variety of businesses. The building boasts several recent upgrades, including a roof still under warranty, ensuring long-term cost savings. The interior features a well-maintained bathroom and kitchenette, multiple private offices ideal for individual work or team collaboration, and a substantial unfinished backroom providing ample storage space. Its prime location on Main Street in Battle Creek offers excellent visibility and accessibility, making it an attractive option for businesses seeking a high-traffic location. The asking price is $29,000. This property is situated in county 19093 and is ready for immediate occupancy. The building's adaptable layout and recent improvements make it an exceptional value in the thriving Battle Creek commercial market. Don't miss this chance to acquire a well-maintained, versatile commercial space in a desirable location.
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Schmidt Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.