1/11

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1/11

Ames, IA 50014
Asking Price
$248K
Asset Type
Retail
Class
Class B

What's Special

Situated at 1-11 Ames, Iowa, this retail property occupies a central position within a commercially active corridor. The surrounding neighborhood is characterized by a mix of established residential sectors and professional service hubs. The location offers proximity to regional transit routes, providing straightforward vehicle access for local commuters. Nearby amenities include various dining options, grocery stores, and essential services, ensuring consistent foot traffic and visibility within the immediate community. This versatile retail space is suited for a broad range of commercial applications, including boutique storefronts, quick-service food outlets, or localized specialty shops. The property’s layout and location align with the needs of small to mid-sized businesses seeking accessible street-level frontage. Typical tenants may include independent retailers, fitness studios, or service-oriented providers focused on serving the local Ames demographic.

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NOI
$80,000
Cap Rate
32.32%
DSCR
5.44
Strong
Cash-on-Cash
87.95%
Monthly Payment
$1,224.495
Annual Cash Flow
$65,306.06

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