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    FOR SALE
    Automotive properties

    129 E 2Nd St Webster City, IA 50595

    3,268 SF 1.52 ac lot Built 1969
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US25-0584299
    129 E 2Nd St, Webster City, IA 50595 For Sale 1 / 38
    $379,000 3,268 SF
    129 E 2Nd St, Webster City, IA 50595
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    Property summary
    AI-generated overview

    This versatile Webster City, IA commercial property presents a unique investment opportunity. The 10,927 square foot building, constructed in 1969, sits on a 1.52-acre lot and boasts a 12-foot ceiling height. Previously used as a car dealership, this property offers flexible zoning (Highway Commercial) and is ideal for a variety of uses, including automotive sales and service, retail, or other commercial ventures. The property includes two buildings on a single story, offering ample space and adaptability. The asking price is $399,900, with flexible purchase options available, including cash or contract with a substantial down payment. Lease options are also available at $4,995 per month. An adjacent 0.36-acre lot is also available for purchase ($79,900) or lease ($778.80 per month). The seller may consider dividing the land to better suit buyer or lessee needs. Located at 129 E 2nd St, Webster City, IA 50595, this property offers excellent visibility and ample parking. This is a prime opportunity to acquire a substantial commercial property in a desirable location with significant potential for various business applications. The property's APN is 40882506107011.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1969
    Total area 3,268 SF
    Lot 1.52 ac (66,211 SF)
    APN 40882506107011
    UPID US25-0584299
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    LAURIDAN, LLC
    LAURIDAN, LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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