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Property profile & analytics
OFF-MARKET
Retail space

719 Central W Ave 721 Hampton, IA 50441-1928

7,376 SF 0.19 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
Property ID
US25-1759338
Property summary
AI-generated overview

This expansive 7,376 square foot commercial property in Hampton, Iowa presents a remarkable investment opportunity. Strategically located at 719 Central Avenue Unit 721, this property boasts a highly visible location within the city. Currently, one-third of the building is successfully operated as a profitable liquor store, generating immediate revenue for the new owner. This established business provides a stable income stream while the remaining two-thirds of the building sits vacant, ripe for development. The substantial vacant space offers incredible flexibility for expansion of the existing business, the addition of a complementary enterprise, or even leasing to a separate tenant. The 0.19-acre lot provides ample space for potential outdoor uses. The seller is offering flexible terms to qualified buyers, making this an attractive proposition for various investment strategies. Furthermore, a lease option is available, providing an alternative pathway to ownership. This property is ideal for entrepreneurs seeking to establish a new venture, expand an existing business, or capitalize on a strong income-producing asset in a thriving Iowa community. The combination of existing income and significant expansion potential makes this a truly unique opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 7,376 SF
Lot 0.19 ac (8,184 SF)
APN 73313800300
UPID US25-1759338
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
A TO Z LIQUOR, INC
A TO Z LIQUOR, INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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