719 Central W Ave 721 Hampton, IA 50441-1928
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.
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.