1919 Main St Burlington, IA 52601-6130
This exceptional 2,432 square foot commercial property, situated on a 0.11-acre lot at 1919 S. Main St., Burlington, IA 52601, presents a unique investment opportunity. Currently vacant, this special-purpose building boasts significant potential for redevelopment. Previously utilized as a salon with a separate one-bedroom apartment above, featuring a private entrance and newly installed stairway, the property offers versatile layout options. The main level could easily be converted into a one- or two-bedroom residential unit, maximizing rental income potential. Many new windows have been installed, reducing future maintenance costs. The property includes an attached two-car garage and additional parking accessible from the alley, providing ample space for residents or clients. Its convenient location offers proximity to parks and walking trails, enhancing its appeal. Sold as-is, this property requires vision and renovation, but the rewards for a savvy investor are substantial. The asking price is $79,900. This is a chance to transform a building with history into a thriving commercial or mixed-use space in a desirable location. Don't miss this opportunity to capitalize on the potential of this unique property.
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A Cut Above Hair Salon Nail Salon
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Burlington, IABurlington. Always verify with local authorities before improvements.
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.