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29849380
29849407

101 W Jefferson St, Winterset, IA 50273 For Sale

HH
IA S60860000
RE/MAX Precision
Listed by RE/MAX Precision
$399,500
148 days on market
Updated 2 days ago
Opportunity zone

101 E Jefferson, Winterset, Iowa 50273

Details
Property Type Retail, Office (+1)
Sub Type Executive Office, Creative Office (+1)
Square Footage 3,380
Net Rentable (SqFt) 3,380
Occupancy 60%
Tenancy Multi
Price per SqFt $118
Broker Co-Op Yes
Year Built 1913
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 4,953
Zoning Commercial
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.78
Ground Lease No
Ownership RT Development Corp, LLC

Retail | 3,380 SqFt

Marketing description

Unique opportunity to own an historic building in a prime location on Winterset's bustling town square. Originally built as a bank, the all-brick and concrete building is solid and in excellent condition. Most of the original 1913 woodwork has been preserved with modern updates throughout. Currently used as office space, the property has potential for retail as well. The main floor houses 5 offices, a lobby/reception area, kitchenette, original bank vault, updated bathroom and two exterior accesses, including a ramp. The second story has 6 offices and a bathroom with separate access from the street. The basement offers storage on one side. The other side is an old bathhouse with street access. This space is in need of renovation, but has a full mosaic tile floor in beautiful condition. Newer furnaces (2) and a/c. Included with the property is off-street parking, a huge asset. Partially rented with ample opportunity for additional income. This building is on the registry of National Historic Places. Just 30 miles to Des Moines, Winterset is the county seat and boasts a viable work force and ample tourism to its charming square, covered bridges and the John Wayne Birthplace museum.

Investment highlights

Current gross rental income is $2,150/mo. Tenants on month-to-month leases. Additional space available for rent.

Listing Contacts

HH
IA S60860000
RE/MAX Precision
Listed by RE/MAX Precision

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Additional Information

Name
Heather Helland
License
S60860000
Brokerage
REMAX Precision
Brokerage Phone
5156691763
Title
Realtor
Brokerage Address
2202 Woodlands Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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