Property summary
This exceptional two-story office building, constructed in 1956, is situated at 724 N. 3rd St., Burlington, IA 52601. Boasting stunning Mississippi River views, this property offers a unique blend of historical charm and modern functionality. Its prime location near downtown Burlington provides easy access to a variety of amenities, restaurants, and commercial centers. The building features ample parking, ensuring convenient access for employees and visitors. The asking price is $399,900. This presents a rare investment opportunity for businesses seeking to expand, relocate, or establish a presence in a thriving area. The property's convenient location and impressive views make it an attractive option for companies looking to create a positive and productive work environment. The building's character and functionality combine to offer a compelling proposition for discerning buyers. This is a truly unique opportunity to acquire a well-positioned office building in a desirable location. The property is zoned for commercial use and offers significant potential for growth and return on investment. Don't miss this chance to own a piece of Burlington's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center Sports School
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Crisis Center Medical Clinic
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Foster Care Service Social Service Agency
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Spa & Massage Center
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Counselor Social Worker
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this District is to provide for commercial business activities of a more general retail and wholesale nature, where no manufacturing, assembling, or fabrication is involved without the intrusion of resident…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
C2 · Burlington, IAThe intent of this District is to provide for commercial business activities of a more general retail and wholesale nature, where no manufacturing, assembling, or fabrication is involved without the intrusion of resident…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this District is to provide for commercial business activities of a more general retail and wholesale nature, where no manufacturing, assembling, or fabrication is involved without the intrusion of resident…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Burlington, IA.
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