2420 Lincoln Way Ames, IA 50014-7448
This exceptional retail space, located at 2420 Lincoln Way, Suite 104, Ames, IA 50014, offers 14,333 square feet of prime commercial real estate. The property is situated in Story County, Iowa, and benefits from a highly visible corner location at the intersection of Lincoln Way and Welch Avenue, ensuring excellent exposure to a substantial volume of pedestrian and vehicular traffic. The space is currently configured as a multi-tenant storefront, with one unit available for sublease. This presents a unique opportunity for businesses seeking a well-established location within a thriving commercial area. The property's address is easily accessible, providing convenient access for both customers and employees. The building's precise latitude and longitude coordinates are 42.02272776151945 and -93.64977120068275 respectively. This retail space is ideal for a variety of businesses seeking a prominent location in Ames, Iowa. The property type is classified as retail, specifically a storefront. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a highly desirable retail space in a prime Ames location.
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Sec. 29.809. “CSC” CAMPUSTOWN SERVICE CENTER. (1) Purpose. The Campustown Service Center (CSC) zone is intended to provide high- density development within an area of the city adjacent to Iowa State University. A broad range of uses is allowed to serve the needs of people who wish to be near ISU, including students and staff, and their families. Development…
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
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Property description
Physical attributes from public recordsZoning & alternative use
CSC · Ames, IASec. 29.809. “CSC” CAMPUSTOWN SERVICE CENTER. (1) Purpose. The Campustown Service Center (CSC) zone is intended to provide high- density development within an area of the city adjacent to Iowa State University. A broad range of uses is allowed to serve the needs of people who wish to be near ISU, including students and staff, and their families. Development is intended to encourage lively commercial activity in the building at the street level and pedestrial activity , with a strong emphasis on safe, vital and attractive streets. Development is intended to be very dense with high building coverage, large buildings in scale with the predominant building pattern in the Campustown commercial are, and buildings place close together, while also conserving and preserving existing valuable characteristics by a ssuring compatibility between existing and new development. Building placement, scale at the street, design and materials reinforce a dynamic, pedestrian-friendly neighborhood character. (2) Permitted Uses. T he uses pe rmitte d in the C SC Zon e are set for th in T ab le 29. 80 9 (2 ) be low:
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
