215 6Th St Washington, IA 52353
This exceptional investment opportunity presents four contiguous office units located at 215 N Iowa Ave, Washington, IA. Situated on a conveniently sized 0.1-acre lot, this property offers significant potential for a variety of uses. The combined square footage of the four units is not currently specified, presenting an opportunity for the buyer to customize the space to their exact needs. The asking price for this entire property is $550,000. The address is 215 N Iowa Ave, Unit 1,4,5,6, Washington, IA. This location offers easy access to local amenities and transportation routes, making it an attractive proposition for businesses seeking a well-positioned office space. The property's current configuration as four separate units allows for flexibility in occupancy, whether for a single entity seeking expansion or multiple tenants. The absence of specified square footage allows for a buyer to conduct their own assessment and determine the optimal layout and utilization of the space. This presents a unique chance to acquire a well-located commercial property in Washington, IA, at a competitive price. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is offered as a complete package, including all four units.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.