1711 Osceola Ave Chariton, IA 50049
For Sale
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This exceptional 53,000 square foot Class B multi-tenant office building presents a compelling redevelopment opportunity in Chariton, Iowa. Located at 1711 Osceola Ave, this property sits on a substantial 6.24-acre lot, offering significant potential for expansion or repurposing. Currently configured as a multi-tenant executive office space, the existing structure provides a solid foundation for various redevelopment scenarios. The expansive lot size allows for the addition of complementary uses, such as multi-family housing, capitalizing on the growing community's needs. The property's strategic location directly across the street from Chariton's largest employer ensures high visibility and convenient access to a substantial workforce. This investment presents a unique chance to acquire a significant commercial property in a thriving Iowa community, with the flexibility to tailor the development to meet diverse market demands. The asking price is $750,000. Further details are available upon request. The property's zip code is 50049, and it is situated in Lucas County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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.