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Property profile & analytics
OFF-MARKET
Individual retail properties

62 1st NW St Britt, IA 50423-1641

720 SF 0.06 ac lot Built 1947
Individually Owned 4-yr Hold Free & Clear
Property ID
US25-2112965
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1947
Total area 720 SF
Lot 0.06 ac (2,788 SF)
APN 2201110141
UPID US25-2112965
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joshua D Kline · 4 yrs held
Joshua D Kline
since 2021
Last sale
$15,000
2 recorded transactions
2021
Price N/A
2006
$15,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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