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    OFF-MARKET
    Individual retail properties

    122 Ramsey St, Bancroft, IA 50517-8130

    2,955 SF 0.15 ac lot Built 1930
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US25-0535813
    Property summary
    AI-generated overview

    This exceptional 99,900 USD commercial property at 122 Ramsey Street E, Bancroft, IA, presents a unique investment opportunity. Previously a beauty salon, this adaptable space is perfect for a variety of businesses. Its high-visibility Main Street location ensures significant foot traffic and exposure within the thriving Bancroft community. The interior boasts a stylish and modern design, creating an inviting atmosphere for clients. Existing beauty salon fixtures, including styling chairs and shampoo bowls, are included and can be readily repurposed or removed to suit your specific business needs. A significant advantage is the attached warehouse/storage area, providing ample space for inventory or equipment. The property's versatility makes it suitable for a wide range of commercial uses, from retail shops and offices to other service-oriented businesses. This is a chance to acquire a well-maintained, ready-to-occupy commercial space in a desirable location. The property is situated on a lot with zero acres. Seize this opportunity to establish or relocate your business in a vibrant and supportive community. The asking price is 99,900 USD. Don't miss out on this exceptional chance to own a thriving commercial space in Bancroft, Iowa.

    Property profile
    Verified
    Property type Individual retail properties
    Use group BARBER, HAIR SALON
    Year built 1930
    Total area 2,955 SF
    Lot 0.15 ac (6,534 SF)
    APN 10-24-187-007
    UPID US25-0535813
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bancroft Clinic- Kossuth Regional Health Center Medical Clinic
    • Styling Station Hair Salon Nail Salon
    • Foodbank of Iowa - Bancroft Mobile Pantry - Food Pantry Food Bank Charitable Organization
    • Alan Hjelle Pediatrician Physician
    • Jennifer Vonbank Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Therese E Richter · 13 yrs held
    Therese E Richter
    since 2012
    3 recorded transactions
    2020
    2012
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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