203 W Adams St Creston, IA 50801
For Sale
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This exceptional Creston, IA commercial property, located on Adams Street in the Uptown district, offers 6,400 square feet of versatile space. The main floor, totaling 3,200 square feet, has undergone a recent remodel, featuring a large reception area with storefront windows, a sizable attached office, ten individual offices, a spacious conference room, two bathrooms, laundry hookups/room, and a kitchen/lounge area. The modern updates include new lighting, plumbing, and interior finishes, making it ideal for healthcare, multiple businesses, or independent rental spaces. The adaptable design allows for easy conversion to prime retail space. Upstairs, an additional 3,200 square feet of unfinished space awaits, boasting high ceilings, large windows, and original brick walls, offering a unique opportunity for a designer's vision, whether commercial or residential. This upper level overlooks the historic Creston Depot. The exterior has been meticulously restored, showcasing repairs to the original facade and new windows. This property presents a rare opportunity to own a significant piece of Creston's vibrant downtown. The asking price is $395,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.