Property profile

206 Main St Cedar Falls, IA 50613

OFF-MARKET
Investment properties
Property ID
US25-0212864
3,540 SF 0.06 ac lot Built 1900
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail space, located at 206 Main Street, offers 1,553 square feet of versatile commercial space in a highly desirable location. Situated in a historic building constructed in 1900, this property boasts charming architectural details including exposed brick and hardwood floors. The space is currently available for lease and presents a fantastic opportunity for businesses seeking a prominent Main Street presence. The building is zoned C-3, allowing for a variety of commercial uses. The asking lease rate is $15.50 per square foot, NNN. This means tenants are responsible for property taxes, insurance, and common area maintenance. The open floor plan provides flexibility for customization to suit individual business needs. The high traffic volume on Main Street ensures excellent visibility and accessibility for customers. This property is part of a larger building totaling 2,720 square feet, with multiple tenants. The property is located in Black Hawk County. Don't miss this chance to establish your business in a vibrant and well-trafficked area. This space is perfect for a business that values character and prime location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Construction CONCRETE BLOCKS
Total area 3,540 SF
Lot 0.06 ac (2,700 SF)
APN 8914-12-252-019
UPID US25-0212864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

206 Main St Cedar Falls, IA 50613-2736
Cedar Falls metro Census 2200 WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2012
2 recorded transactions
2012
$1.3M
2005
$161,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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