114 6th St Kalona, IA 52247-9501
This exceptional commercial property, situated at 114 6th Street in the thriving town of Kalona, Iowa, presents a unique investment opportunity. The property encompasses a generous 0.15-acre lot, offering ample space for various commercial ventures. While the exact square footage of the building is currently unavailable, the property's strategic location within Kalona ensures high visibility and accessibility, making it ideal for a diverse range of businesses. The asking price of $115,000 represents a compelling value for a property in this desirable location. The property's versatility allows for a multitude of potential uses, catering to entrepreneurs seeking a foothold in a growing community. Its central location within Kalona provides easy access to local amenities, a strong customer base, and excellent transportation links. This presents a rare chance to acquire a well-positioned commercial property in a vibrant Iowa town. The 0.15-acre lot offers potential for expansion or future development, adding further value to this already attractive investment. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift start to your business endeavors. Don't miss this chance to secure a prime commercial space in the heart of Kalona.
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
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.