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Property profile & analytics
OFF-MARKET
Turn key restaurants

407 Victoria St Harlan, IA 51537-1740

1,898 SF 0.18 ac lot Built 1890
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1596136
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire two established buildings in the thriving city of Harlan, Iowa. Located at 407 and 411 Victoria Street, this 0.65-acre parcel offers a combined 20,473 square feet of versatile commercial space. The buildings are ideally situated for a variety of business ventures, benefiting from high visibility and convenient access. The asking price of $199,000 represents a significant value for the substantial square footage and prime location within Harlan. This is an excellent investment opportunity for entrepreneurs seeking to establish a strong presence in a growing community or for investors looking to expand their portfolio with a well-positioned, multi-building property. The property's size and layout offer considerable flexibility for adaptation to diverse business needs. The buildings' existing infrastructure provides a solid foundation for immediate occupancy or future renovations, depending on the buyer's specific requirements. Serious inquiries are encouraged to explore the full potential of this unique commercial offering in the heart of Harlan. Don't miss this chance to own a significant piece of Harlan's commercial landscape. The property is ready for its next chapter, and awaits a visionary owner to unlock its full potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction FRAME
Total area 1,898 SF
Lot 0.18 ac (7,840 SF)
APN 833112068021
UPID US25-1596136
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Buman Family Enterprises · 6 yrs held
Buman Family Enterprises
since 2020
2 recorded transactions
2025
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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