143 Main St Osceola, IA 50213-1218
This exceptional investment opportunity presents two established retail properties in Osceola, Iowa, generating a combined monthly income of $1,950. The portfolio comprises two buildings: 416 E Washington St, a well-maintained floral shop with a five-year lease in place, situated on the east side of the Osceola square, offering convenient rear and public parking. Annual property taxes for this location are $744. The second property, 113 E Jefferson St, houses a beauty shop and a small office, both operating under month-to-month leases. This presents a flexible opportunity for future income growth and tenant diversification. The combined properties sit on a 0.12-acre lot, providing ample space for the existing businesses. The current tenants are long-term, ensuring a stable income stream for the investor. This is a turnkey investment, ideal for those seeking immediate cash flow and long-term appreciation potential in a desirable location. The asking price for this exceptional portfolio is $204,000, offering a compelling return on investment. This is a rare opportunity to acquire a well-established, income-generating retail portfolio in a thriving Iowa community. Don't miss out on this chance to secure a profitable addition to your investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.