133 S Main Street

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133 S Main Street

Elkader, IA 52043
Asking Price
$152K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase in Elkader, Iowa
  • Asset priced at 152000 dollars for prospective buyers
  • Located on S Main Street in a central district
  • Property features a layout suitable for various retail uses
  • Positioned within a key commercial corridor for local trade

What's Special

This retail storefront at 133 S Main Street in Elkader, Iowa, provides a strategic acquisition for investors or owner-occupiers seeking a presence in a established community. Positioned within the downtown district, the property benefits from the localized economic activity characteristic of this regional hub. Elkader serves as a critical commercial center for the surrounding area, making this site well-suited for businesses looking to capture local foot traffic or establish a destination retail shop. The layout offers flexibility for various retail configurations, allowing potential operators to customize the interior to meet specific commercial requirements. With its straightforward design and central address, the building functions as an efficient asset for those entering the market or expanding an existing footprint in Northeast Iowa. Prospective buyers should consider the long-term utility of this storefront given its prominence in a traditional Main Street corridor.

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NOI
$80,000
Cap Rate
52.63%
DSCR
8.87
Strong
Cash-on-Cash
155.65%
Monthly Payment
$752.013
Annual Cash Flow
$70,975.843

Location & Travel Times