119 Washington StOsceola, IA 50213

  • Retail space
  • 2,340 SF
For Sale
$180,000 View listing

Property Details for 119 Washington St

Year built
1920
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
2,340 SF
Property type
Retail space
APN
770
APU
770

Description

This exceptional commercial property, located at 119 W Washington Street in the thriving town of Osceola, Iowa, presents a unique investment opportunity. Situated on a 0.09-acre lot, this general commercial building offers significant potential for a variety of uses. The asking price is $180,000, representing a compelling entry point into the Osceola commercial real estate market. While the precise square footage is currently unavailable, the property's size and location make it an attractive prospect for entrepreneurs and investors alike. Its central location within Osceola ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in the community. The property's versatility allows for adaptation to a wide range of commercial ventures, from retail spaces to professional offices, or even a mixed-use development. Further due diligence is encouraged to fully assess the property's potential and to determine its suitability for specific business plans. This is a rare chance to acquire a well-positioned commercial property in a growing Iowa town. Don't miss this opportunity to secure a valuable asset in a desirable location. Contact us today to schedule a showing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $579,510
    6.5%
    $534,932
    7%
    $496,723
  • Comparable approach

    Method
    Valuation
    Relative Method
    $300,973
    Geo Method
    $300,973
  • Alternative Use

    Use
    Valuation
    Residential
    $451,235
    Hospitality
    $413,329
    Educational
    $343,885
    Medical
    $355,712
    Retail
    $534,932

Location Insight

City
Osceola
County
Clarke
State
Iowa
Latitude
41.0353
Longitude
-93.7664

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,556
$9,990
$105,170
$115,160
-
$9,990
$105,170
$115,160

FAQs

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