126 Ctr St Truro, IA 50257
This exceptional commercial property at 126 E Center Street in Truro, Iowa presents a unique investment opportunity. The building offers a substantial 4,928 square feet of space, strategically located on a 0.19-acre lot with excellent Main Street visibility, ensuring high traffic and exposure. The property features two street-level entrances, providing flexibility for multiple businesses or a single large operation. The main level is ready for immediate occupancy and includes a kitchen equipped with ample cabinets, countertops, and a sink, along with two bathrooms. Upstairs, a spacious open area with separate access offers versatile potential as a creative workspace, additional rental unit, or expansion space. Significant storage is available, complemented by a convenient garage door and a separate 20x30 shed located at the rear of the property. The property's proximity to a PreK-12 school makes it particularly attractive for businesses catering to students and families. All information is based on seller-provided data and public records. This is a rare chance to acquire a prime commercial property in Truro's thriving business district.
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Jones Family Diner Restaurant
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
No recorded transactions found for this property.
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.