You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

201 3Rd St SE Cresco, IA 52136

6,196 SF 0.34 ac lot Built 2005
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US25-2215092
Property summary
AI-generated overview

This exceptional 6,196 square foot commercial property, situated on a 0.34-acre lot at 201 3rd St SE in Cresco, IA, presents a unique opportunity for a variety of businesses. Boasting a highly desirable location with excellent visibility on Highway 9 East, this well-maintained building offers a spacious, open front display area perfect for showcasing products or services. The layout includes a convenient office, breakroom, bathroom, parts room, and a dedicated mechanical room. The rear shop area features finished walls and ceilings, providing ample space for storage, production, or other operational needs. Access is facilitated by a cement dock with an overhead door for semi-truck access from the alley, and an additional overhead door at main level. Constructed with a wood frame and enhanced with spray foam wall insulation and blown-in ceiling insulation, the building is energy-efficient and comfortable year-round. The roof is covered with asphalt shingles, and the property benefits from efficient floor heating and central air conditioning. A recently updated (approximately 10 years old) boiler ensures reliable heating. The interior features fluorescent lighting throughout. A convenient cement parking lot is located on the west side of the building. The property's zoning allows for a wide range of business uses. Note that display cabinets in the showroom are excluded from the sale. This is a turnkey opportunity for a business seeking a well-equipped and strategically located space in Cresco.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 6,196 SF
Lot 0.34 ac (14,985 SF)
APN 321013101010000
UPID US25-2215092
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
Current use
Occupant on record · Public records
  • Northeast Iowa Appliance Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
BRUCE KINGSLEY
BRUCE KINGSLEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message