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    Property profile & analytics

    114 Elm St Cresco, IA 52136

    • Restaurants
    • 2,975 SF
    • 0.05 lot acres
    For Sale
    View listing
    $369,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1851255
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dough & Joe / Bakery

    Property Details for 114 Elm St

    Year built
    1890
    Lot size
    0.05 lot acres
    Property size
    2,975 SF
    Property type
    Restaurants
    APN
    321011603010000
    APU
    321011603010000

    Description

    This exceptional opportunity presents the chance to acquire a thriving, award-winning bakery and coffee house in Cresco, Iowa. Established for 30 years, Dough and Joe Bakery boasts a loyal customer base and strong community reputation, consistently ranking among Iowa's top 10 bakeries. The 2,975 square foot main location on N Elm Street offers high visibility and significant foot traffic. A key advantage is the additional retail space within Cresco's Fareway grocery store, providing a secondary sales outlet for fresh baked goods daily, boosting overall profitability. The property also includes a valuable 2-bedroom apartment situated above the main store, overlooking the downtown area, generating supplemental income. This turnkey operation comes fully equipped and ready for immediate operation. The current owners are committed to a smooth transition, offering training and support to ensure continued success. The 0.05-acre property is priced at $369,000 and represents a rare chance to own a well-established, profitable business with significant growth potential. This is an ideal opportunity for an experienced entrepreneur or someone looking to enter the food service industry with a proven business model. Don't miss this chance to own a piece of Cresco's culinary heritage.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cresco
    County
    Howard
    State
    Iowa
    Longitude
    -92.1168
    Latitude
    43.3728

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,626
    $4,868
    $52,857
    $57,725
    -
    $4,868
    $52,857
    $57,725

    Comparable in this City

    • Value Estimation by Request
      4,146 SF

      134 Elm St

      RESTAURANT • 4,146 SF
      134 Elm St, Cresco, IA 52136-1520
      View Details
    • Value Estimation
      $145,000
      4,250 SF

      104 Elm St

      RESTAURANT • 4,250 SF
      104 Elm St, Cresco, IA 52136-1520
      View Details
    • Value Estimation
      $55,000
      4,100 SF

      223 Elm St

      RESTAURANT • 4,100 SF
      223 Elm St, Cresco, IA 52136-1521
      View Details
    • Value Estimation
      $110,000
      3,499 SF

      628 2nd SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,499 SF
      628 2nd SW Ave, Cresco, IA 52136-1850
      View Details
    • Value Estimation
      $40,000
      2,070 SF

      212 Elm St

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,070 SF
      212 Elm St, Cresco, IA 52136-1862
      View Details
    • Value Estimation by Request
      3,870 SF

      22315 Main St

      RESTAURANT • 3,870 SF
      22315 Main St, Cresco, IA 52136-8041
      View Details

    Similar Nearby for Sale

    • $699,000
      4,250 SF

      Downtown Cresco Retail Gem

      Prime location, remodeled, fully equipped.
      104 Elm St, Cresco, IA 52136
      View Details
    • $369,000
      2,975 SF

      Cresco Bakery & Coffee Shop Sale

      Turnkey Business, High-Traffic Location
      114 Elm St, Cresco, IA 52136
      View Details
    • $449,500
      6,196 SF

      Prime Cresco Commercial Space

      High-visibility, versatile commercial building
      201 3Rd St, Cresco, IA 52136
      View Details
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    114 Elm St
    Cresco, IA 52136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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