115 Main St Denver, IA 50622-9612
This meticulously updated 1,427 square foot commercial property sits on a 0.04-acre lot at 115 E Main Street in the heart of Denver, Iowa. Ideally situated within walking distance of local amenities, this property offers a vibrant and convenient location for a diverse range of businesses. Recent renovations have transformed the space, boasting fresh paint throughout, creating a clean and inviting atmosphere. The electrical system has been completely updated to meet modern business requirements, ensuring reliable power. New mechanical systems, including a high-efficiency furnace and air conditioning unit, complement the existing boiler system, providing year-round climate control. A new drop ceiling, a durable new flat roof, and energy-efficient LED lighting have been installed, minimizing future maintenance and operational costs. New flooring, doors, and woodwork contribute to a polished and professional aesthetic. The dual-zoned climate control system ensures optimal comfort in each area of the building. This versatile space is well-suited for a variety of commercial uses, from retail shops and offices to service-based businesses. The property presents a compelling opportunity to establish a thriving business in a bustling downtown setting. Priced at $199,900, this property offers a blend of modern updates and prime location, making it an exceptional investment.
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Larry G. Wright, DC Alternative Medicine Practice
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.