1219 South Street

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1219 South Street

Burlington, IA 52601
Asking Price
$85K
Asset Type
Religious/Church Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose religious asset located in Burlington, Iowa.
  • The property is available for sale at 85000 dollars.
  • Located at 1219 South Street within the 52601 zip code.
  • Functional layout suitable for diverse congregational or institutional use cases.
  • Situated in a well-established regional market in the Midwest.

What's Special

This special-purpose religious property occupies a functional site at 1219 South Street in Burlington, Iowa. Situated within a community known for its steady regional economy and Midwestern character, the asset serves as an established location for congregational activities or similar organizational gatherings. The facility provides a straightforward layout suitable for ongoing religious services, community outreach programs, or potential conversion to an alternative institutional use depending on local requirements. Its placement in the 52601 zip code offers accessibility within the local street network, supporting a range of civic or group-oriented operations. Burlington features a variety of local services and an infrastructure base that benefits established organizations seeking a presence in this specific market. Prospective buyers looking for a dedicated facility in this area will find the property positioned to accommodate various special-purpose needs while benefiting from the established nature of the South Street corridor.

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NOI
$80,000
Cap Rate
94.12%
DSCR
15.85
Strong
Cash-on-Cash
293.94%
Monthly Payment
$420.534
Annual Cash Flow
$74,953.597

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