113 Iowa St Greenfield, IA 50849-1301
This exceptional 2,881 square foot office building presents a unique investment opportunity in Greenfield, Iowa. Located at 113 W Iowa St, this single-story structure, built in 1958, sits on a 3,060 square foot lot and is zoned commercial-2. The asking price is $150,000, translating to $52.07 per square foot. The building boasts five private offices, three of which include fireplaces, adding a touch of character and charm. A dedicated conference room, a secure vault, and ample workspace are also included. The property features two half-baths for convenience. Heating and cooling are provided by two natural gas forced air furnace/central air systems. Accessibility is enhanced by a zero-entry main entrance, complemented by two additional entrances with minimal steps. A significant 1530 square foot basement provides additional storage or expansion potential. This well-maintained property offers a blend of classic appeal and modern functionality, making it ideal for a variety of professional uses. The property's APN is 1107403009. This is a fantastic opportunity to acquire a well-established office building in a desirable location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.