917 Braden Ave Chariton, IA 50049
For Lease
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This exceptional two-story commercial property, located at 917 Braden Ave in Chariton, Iowa, presents a compelling investment opportunity. The building encompasses 11,500 square feet and is situated in the central business district (CBD) of Chariton, Lucas County, Iowa, zip code 50049. Currently configured as a bank, this versatile space offers significant potential for a variety of uses. The asking price is $400,000, translating to a price per square foot of $34.78. The building's two stories provide ample room for expansion or adaptation to suit diverse business needs. An existing tenant is currently occupying the space, providing immediate income potential. The property's prime location within the Chariton CBD ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. This is a rare opportunity to acquire a substantial commercial property in a thriving Iowa community. The property's address is easily accessible via major roadways and is conveniently located near various amenities. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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.