122 Vine St West Union, IA 52175-1353
This bank-owned foreclosure presents a unique investment opportunity in downtown West Union, Iowa. Located at 122 S Vine Street, this 5,793 square foot, two-story building sits on a 0.14-acre lot and is zoned C. Originally built in 1890, the property previously operated as a bar and restaurant, offering a spacious main floor with an open-plan dining and bar area, and a kitchen ready for renovation. A large covered deck is ideal for outdoor seating or entertainment. Upstairs, two banquet rooms provide ample space for private events or expanded services, along with a dedicated office and restrooms. The property is currently vacant, presenting a blank canvas for a new business venture. The asking price is $75,000. This single-tenancy building offers significant potential for a variety of commercial uses in a prime downtown location. The property is a bank-owned foreclosure with zero remaining lease term.
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.