820 Elm St Creston, IA 50801
This charming brick church in Creston, Iowa, presents a unique mixed-use investment opportunity. Located on a large corner lot in a residential neighborhood, this property offers convenient access to a nearby elementary school and playground. The well-maintained interior features an organ, piano, and appliances, all included in the sale price of $128,000. The main level includes an upstairs office with window and storage. The lower level boasts a kitchen with a serving window, a large open area easily divisible into four separate spaces using folding partitions, and two bathrooms. A walkout basement leads to a spacious backyard. Handicap accessibility is ensured with a paved ramp and sidewalk. The property's versatility allows for diverse uses, including a senior center, daycare, bookstore, classroom space, or even a residence. Its prime location and adaptable layout make it an exceptional investment prospect with significant upside potential. The building's solid construction and well-preserved interior contribute to its overall value and appeal. Explore the possibilities and envision your next venture in this established community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.