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820 W Summit St

4,782 SF 100% Leased Office Building Winterset, IA 50273 £777,165 (£163/SF)

Investment Highlights

  • Zoned commercial
  • Ideal for owner-user or an investor looking for 1 or more tenants
  • Built: 1969; Addition: 2007

Executive Summary

Well-maintained free-standing office building on 2.5 AC of land in close proximity to the hospital in Winterset, IA. This former medical office is easily convertible. Previous tenants were a physical therapy office (leaving due to expansion) and a dental office (leaving due to retirement). This 4,782 SF building features new roof, ADA access, abundant parking, and many existing improvements including walk-out lower level with 4 overhead doors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,782 SF
Building Class
C
Year Built/Renovated
1969/2007
Price
£777,165
Price Per SF
£163
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,391 SF
Building FAR
0.04
Land Acres
2.55 AC
Opportunity Zone
Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
820-00-52-00032000
Land Assessment
£41,817
Improvements Assessment
£596,484
Total Assessment
£638,301
  • Listing ID: 31724311

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 820 W Summit St, Winterset, IA 50273

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