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Property profile & analytics
OFF-MARKET
Retail space

201 Kansas St Afton, IA 50830-7702

3,200 SF 0.11 ac lot Built 1885
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US25-2287577
Property summary
AI-generated overview

This exceptional commercial property, located at 201 E Kansas Street in the heart of Afton, IA, presents a unique investment opportunity. Previously a well-established bar and grill, this building boasts a rich history and has undergone partial renovations. With some additional improvements, it could easily be restored to its former glory as a thriving bar and grill, or repurposed to suit a variety of other businesses. The property's prime location on the town square ensures high visibility and easy access, with ample public parking readily available. Afton is a supportive community known for its strong backing of local businesses, creating a favorable environment for entrepreneurs. Adding to its appeal, this property includes two grassy lots situated east of the building, offering additional space and potential uses. Furthermore, there's an entity ready to assist with grant money and sponsorship opportunities for the right business plan. This is a rare chance to acquire a piece of Afton's history and build a successful future. The asking price is $35,000. Don't miss this chance to own a piece of Afton's vibrant commercial landscape. Schedule a viewing today.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1885
Construction BRICK
Total area 3,200 SF
Lot 0.11 ac (4,800 SF)
APN 716391001
UPID US25-2287577
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Afton Iowa City Of · 7 yrs held
Afton Iowa City Of
since 2018
2 recorded transactions
2025
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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