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    307 E Main St Knoxville, IA 50138

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    307 E Main St Knoxville, IA 50138


    • Retail space
    • 2,120 SF
    • 0.14 lot acres
    Knoxville Mixed-Use Investment Opportunity For Sale
    $699,000
    0.14 Acres

    Knoxville Mixed-Use Investment Opportunity

    Mixed-use property with commercial spaces and apartments in Knoxville, Iowa.

    307 E Main Street, Knoxville, IA 50138
    View Listing
    Property ID
    US25-0355384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Integrative Counseling Solutions, Inc / Counselor / Mental Health Service

    Property Details for 307 E Main St

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    2,120 SF
    Property type
    Retail space
    APN
    842787100
    APU
    842787100

    Description

    This exceptional investment opportunity is located in the heart of Knoxville, Iowa, at 307 E Main Street. The property encompasses a substantial mixed-use building featuring three commercial spaces and five apartments, presenting a unique blend of income streams and potential for owner-occupancy. Undergoing extensive renovations beginning in 2016, the building boasts significant upgrades. These improvements include a completely refreshed facade, new interior walls and flooring, updated electrical systems, a new city sewer connection, a comprehensive sprinkler system, new plumbing and water heaters, reinforced ceilings, and a new HVAC system throughout. The property sits on a 0.14-acre lot and benefits from readily available fiber internet service. This prime location is poised for continued growth, situated within a revitalized downtown area experiencing significant investment. Recent and planned developments include streetscape improvements, facade and signage grants, and Community Development Block Grant (CDBG) projects, all contributing to a thriving and attractive business environment. The asking price for this turnkey investment is $750,000. This presents a rare chance to acquire a well-maintained, income-producing property in a rapidly developing downtown core. The combination of commercial and residential units offers flexibility and diverse income potential. Detailed financial records are available upon request.


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    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Marion
    State
    Iowa
    Longitude
    -93.096
    Latitude
    41.3192
    CBSA code
    37800
    CBSA name
    PELLA, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,084
    $17,250
    $38,790
    $56,040
    -
    $17,250
    $38,790
    $56,040
    View Listing
    More about this property
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