Property summary
This exceptional 1,760 square foot commercial building is situated on a 0.07-acre lot in the heart of downtown Jefferson, Iowa, at 119 N Chestnut. The property presents a unique investment opportunity, offering flexibility for prospective buyers. The current owner is open to selling the building and/or the existing business, or both, allowing for a variety of acquisition scenarios. This presents a compelling opportunity for entrepreneurs seeking to establish a new venture in a thriving downtown area or for those interested in acquiring an already successful operation. The building's central location on the square ensures high visibility and accessibility, making it an ideal space for a wide range of commercial uses. The sale includes the building itself, offering a solid foundation for future growth and development. The potential for expansion or adaptation to suit specific business needs is significant, given the building's size and location. Serious inquiries are encouraged to explore the various acquisition options and unlock the considerable potential of this downtown Jefferson gem. The asking price for the entire package is $299,000. Contact us today to learn more about this exciting opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight