2104 Main StEmmetsburg, IA 50536

Property Details for 2104 Main St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

2,684 SF

Property type

Retail space

APN

603015025220

APU

603015025220

Description

This exceptional opportunity presents a thriving, established print shop in Emmetsburg, Iowa, coupled with a profitable, separately metered, 965 sq ft, two-bedroom apartment boasting a long-term tenant. The 2,156 sq ft commercial building, constructed in 1900, sits on a 2,684 sq ft lot and includes two parking spaces. The print shop offers a comprehensive range of services, including custom printing (business cards, forms, brochures, invitations, etc.), promotional products (cutlery, bags, pens, etc.), and finishing services (laminating, binding, etc.). A darkroom is also available. The upper-level apartment features an open kitchen, dining, and living area, a full bathroom, a rear mudroom/laundry area, and private front and rear access. Appliances (washer/dryer, stove, refrigerator) are included. Both the business and apartment have independent electrical meters and HVAC systems. Recent roof resealing ensures long-term building integrity. The business currently operates with minimal online marketing, presenting significant growth potential. This turnkey operation includes owner training, allowing for a smooth transition. The asking price for this unique mixed-use property is $125,000. The property is zoned commercial and features two stories.

• CAP approach

  CAP return

  Valuation

  6%

  $633,752

  6.5%

  $585,002

  7%

  $543,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $345,218

  Geo Method

  $345,218

• Alternative Use

  Use

  Valuation

  Residential

  $493,471

  Hospitality

  $452,017

  Educational

  $376,072

  Medical

  $389,006

  Retail

  $585,002

Location Insight

City

Emmetsburg

County

Palo Alto

State

Iowa

Latitude

43.1117

Longitude

-94.6778

Property Tax & Assessments

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