2208 Broadway St Granger, IA 50109-7716
This exceptional 1,104-square-foot mixed-use property at 2208 Broadway Street in Granger, Iowa, presents a rare investment opportunity. Built in 1905 and extensively renovated in 2024, this single-story building offers a blend of executive office and storefront space, perfect for an owner-user. The property sits on a 1,950-square-foot lot and is zoned for commercial use. Inside, you'll find high ceilings, exposed original brick walls, and brand-new air conditioning. The space is ready for a buyer's personal touch, with the installation of flooring and paint left to the new owner's preferences. Exterior features include a spacious backyard area, ideal for creating a patio or other outdoor amenity. The building's recent updates, combined with its charming character and prime location in Granger, IA (zip code 50109), make it an attractive proposition for a variety of businesses. A lockbox is located at the rear door, providing convenient access. This property offers a unique chance to establish a thriving business in a desirable community. The previous owner completed renovations to open an ice cream shop, but pursued other opportunities. This presents a turnkey opportunity for a new business owner.
-
Christopher J. Janning, DC Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.