900 1st Ave Perry, IA 50220-1703
This exceptional 1,736 square foot office/retail space presents a fantastic investment opportunity in the thriving heart of Perry, Iowa. Located at 900 1st Avenue, this property boasts a highly desirable downtown location, offering excellent visibility and accessibility for businesses seeking a prominent presence. The building sits on a conveniently sized 0.16-acre lot, providing ample space for parking or potential future expansion. The interior layout is versatile and adaptable, making it suitable for a wide range of commercial uses, from professional offices to retail establishments. The asking price of $275,000 represents a compelling value for a property of this caliber in a dynamic market. All information provided has been obtained from the seller and public records. This is a turnkey opportunity for an owner-occupier or investor looking to capitalize on the growth potential of Perry's commercial sector. The property's central location ensures easy access to local amenities, a strong workforce, and a vibrant community. Serious inquiries are encouraged to explore this promising investment further. Don't miss the chance to secure this prime commercial real estate in a rapidly developing area. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a well-situated and versatile commercial space in a desirable Iowa town.
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Audi Sorber Real Estate Real Estate Agency
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RE/MAX Precision Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.