115 E Washington Street, Winterset, IA 50273

$775,000

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List Price
$775,000
Status
ACTIVE
Days on Market
232
MLS#
733213
Subtype
Commercial Sale
Year Built
1960
Lot Size
17,424
Acres
0.40
MLS Area Major
Winterset

Property Description

PLEASE SEE AGENT REMARKS FOR LINK TO MARKETING FLYER. Excellent opportunity to own a commercial investment property in the wonderful community of Winterset. The property is fully leased with three retail tenants. It features strong annual revenue and a healthy capitalization rate. The building itself is in great condition and features a large parking lot, exterior safety/security lighting, ADA access, and modern signage. High traffic and visibility. The building is located across the street from the John Wayne Birthplace & Museum and also one block from the historic town square, rich in history, tourism, and a vibrant local business community. Winterset is widely known for its historic covered bridges, the birthplace of John Wayne, scenic byways, and holiday festivals. Winterset is the county seat of Madison County. Madison County tourism has earned a number of accolades and awards. City of Winterset population: 5,421. Madison County population: 17,161. Winterset median household income: $72,822. Majority of households in town are between $75,000-$100,000. Madison County median household income: $89,542. Please ask the listing agent for P&L statements All information obtained from seller and public records.

Additional Information

Taxes
$7,748
Zoning
C
Heating
Forced Air, Gas
Air Conditioning
Central Air
Foundation
Block

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jeff Longman with RE/MAX Precision

Data courtesy of the Des Moines Area Association of REALTORS