117 Main N Ave Britt, IA 50423-1660
This exceptional property, located at 117 Main Avenue North in Britt, Iowa, presents a unique investment opportunity. The building encompasses a substantial 7500 square feet, offering versatile space suitable for a variety of commercial uses, including retail or warehouse operations. Its prime Main Street location ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The property includes an ample 6200 square foot parking lot, providing convenient parking for employees and customers, supplemented by readily available street parking. While the building requires some attention and improvements, this presents a chance to customize the space to perfectly meet your business needs. The property is being sold "as is," reflecting the opportunity for renovation and potential cost savings. The 0.34-acre lot provides ample space for expansion or outdoor storage, depending on your operational requirements. This is a rare chance to acquire a well-situated commercial property in a thriving community at an attractive price point of $65,000. Don't miss this opportunity to establish your business in a highly visible and accessible location. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.