70 Ct Ave Winterset, IA 50273-1517
This exceptional commercial property, located at 70 E Court Avenue in the heart of Winterset, Iowa, presents a rare investment opportunity. Boasting a total of 12,980 square feet, the building features three distinct street-level retail spaces, perfectly suited for a variety of businesses. The prime location within Winterset Square ensures high visibility and foot traffic, providing an ideal platform for success. Adding to its versatility, the property also includes four upstairs apartments, offering additional income potential or the possibility of owner-occupied space. The 0.2-acre lot provides ample space for outdoor activities or potential expansion. The building's historic charm blends seamlessly with modern functionality, creating a unique and attractive space for both commercial tenants and residents. This property offers a compelling combination of established retail space and residential units, making it an attractive investment for those seeking a diversified portfolio or a unique business venture in a thriving Iowa community. The building's strong location within Winterset Square ensures a steady stream of potential customers and residents. This is a chance to own a piece of Winterset's history and capitalize on its vibrant community. The property is priced at $575,000.
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
No recorded transactions found for this property.
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.