62 1st NW St Britt, IA 50423-1641
This attractive commercial building, located at 62 1st Street NW in Britt, Iowa, presents a fantastic opportunity for a variety of businesses. Priced at $65,000, this property offers significant potential for retail or other commercial ventures. The building sits on a 0.06-acre lot, conveniently situated about half a block from Main Street, ensuring high visibility and accessibility. Previously used as a beauty salon, the interior has been extensively remodeled in 2011, resulting in a modern and well-maintained space ready for immediate occupancy. The square footage is not currently specified, but the building's layout is adaptable to suit a range of business needs. Its updated condition and prime location make it an ideal investment for entrepreneurs seeking a turn-key commercial property in a thriving community. The building's recent renovations offer significant cost savings for prospective buyers, eliminating the need for extensive upgrades or repairs. This property is ready for immediate use and represents an excellent value in the Britt commercial real estate market. Serious inquiries are encouraged to explore this promising opportunity. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.