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Property profile & analytics
FOR LEASE
Banks

917 Braden Ave Chariton, IA 50049

11,500 SF Built 1900
Individually Owned Free & Clear
Property ID
US25-1932973
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1900
Total area 11,500 SF
APN 720354010
UPID US25-1932973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MERCANTILE BANK CHARITON
MERCANTILE BANK CHARITON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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