114 Platt St Maquoketa, IA 52060-2336
This mixed-use property at 114 West Platt Street in Maquoketa, Iowa, presents a unique investment opportunity. Listed at $120,000, the building offers a blend of commercial and residential space, ideal for owner-occupancy or rental income generation. The main level comprises a welcoming entryway and reception area, perfect for client interaction. A small kitchenette, two private offices, a conference room, and a restroom cater to business needs. Rear access provides parking for two vehicles and includes an attached storage area. Recently renovated, the upper level residential space boasts considerable charm. Features include a spacious living room, a new kitchen with a dining area, a generously sized bedroom with ample closet space, and a convenient laundry room with a sink. This affordable living space complements the commercial area, offering flexibility for the owner or potential rental income. A full basement provides substantial additional storage. The property's location in Maquoketa, Iowa (zip code 52060), ensures excellent visibility, making it suitable for a variety of businesses. This versatile property offers a compelling combination of commercial functionality and comfortable residential living, making it an attractive investment prospect.
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
Similar Nearby for Lease
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.