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Property profile & analytics
OFF-MARKET
Office Spaces

215 6Th St Washington, IA 52353

0.1 ac lot Built 1992
Property ID
US25-1783696
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1992
Lot 0.1 ac (4,356 SF)
UPID US25-1783696
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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