4142 Main St Elk Horn, IA 51531-8016
This exceptional commercial property, located at 4142 Main Street in Elk Horn, Iowa, presents a unique investment opportunity. Priced at $160,000, this office building boasts approximately 5000 square feet of interior space, ideal for a variety of businesses. Situated on a 0.11-acre lot, the building benefits from a highly visible Main Street location, offering excellent storefront exposure. Recent updates include modern windows and electrical systems, ensuring efficient and comfortable operation. The property features two convenient built-in lofts, providing ample storage and the potential for additional office or workspace. A full bathroom is included. Practical functionality is enhanced by 12-foot overhead garage doors at both ends of the building, allowing for easy access and loading/unloading. The building also offers convenient alley access to the rear, providing additional flexibility for operations and deliveries. This versatile property combines prime location, substantial space, and recent improvements, making it an attractive option for entrepreneurs and investors alike. The zip code is 51531. Don't miss this chance to establish your business in this thriving Iowa community.
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
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.