708 47th Ave Amana, IA 52203-8031
This exceptional mixed-use property in the heart of historic Amana, Iowa presents a rare investment opportunity. Situated on a 0.31-acre lot at 708 47th Avenue, this building offers a versatile first-floor commercial space perfectly suited for a variety of retail uses, such as a boutique shop, art gallery, or cafГ©. The prime location within Amana's town center ensures high visibility and accessibility to both residents and the many tourists drawn to the area's rich history and unique charm. Ample parking is readily available nearby. Above the commercial space, a cozy and comfortable residential unit provides a charming living space. This upper unit is ideal for owner occupancy, offering a convenient live-work lifestyle, or it could be utilized as a short-term rental to generate additional income, capitalizing on the consistent tourist traffic. The property's blend of commercial and residential space provides a unique opportunity to own a piece of Amana's heritage while establishing a thriving business and enjoying a comfortable living environment. The asking price for this remarkable property is $174,950. Don't miss this chance to own a piece of Amana's history and create your ideal lifestyle.
-
Iron horizon Home Decor Store Department Store
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.