820 Smt St, Winterset, IA 50273-2206
This exceptional 4,782 square foot office building, situated on a spacious 2.55-acre lot in Winterset, Iowa, presents a compelling investment opportunity. Built in 1969 with a significant renovation in 2007, the property boasts a desirable location near the local hospital. Previously occupied by a physical therapy practice and a dental office, this versatile space is ideal for an owner-user or an investor seeking multiple tenants. The building features a new roof, convenient ADA access, and ample parking. The layout includes a walk-out lower level equipped with four overhead doors, offering significant storage or expansion potential. The property is zoned commercial and offers a flexible floor plan easily adaptable to various medical or traditional office uses. With its prime location, recent renovations, and substantial square footage, this property represents a rare opportunity in the thriving Winterset market. The asking price is $985,000, translating to $205.98 per square foot. The two-story building is situated at 820 W Summit St, Winterset, IA 50273.
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E3 Millennium Therapy Services - Winterset Medical Clinic
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Millennium Therapy Medical Clinic
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Dr. Christopher W. Blanchard, DDS Dental Office
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.