Property summary
This unique mixed-use building in Grundy Center, Iowa, presents a compelling investment opportunity at an asking price of $99,500. Located at 604 8th St, zip code 50638 (42.3622003, -92.7737272), this property offers a versatile layout suitable for a variety of commercial ventures. The main floor provides ample space adaptable to office, retail, or storage uses, catering to diverse business needs. The upper level features an apartment, ideal for rental income generation or conversion into an Airbnb, adding another revenue stream. This presents a chance to establish a thriving business in a well-situated location within Grundy County. The property's flexibility allows for creative business strategies, maximizing its potential for return on investment. The building's substantial space and adaptable design make it an attractive option for entrepreneurs seeking a multi-faceted commercial property in a growing community. This is a rare opportunity to acquire a mixed-use building with significant upside potential in a desirable Iowa location. Serious inquiries are encouraged to explore the full range of possibilities this property offers. The building is classified as a traditional office space within a mixed-use context, offering a blend of commercial and residential elements.
Property profile
VerifiedCap rate & NOI
Current use
-
Social Service Agency Charitable Organization
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning