209 N Main St

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209 N Main St

Kimballton, IA 51543
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use property located at 209 N Main St in Kimballton.
  • Strategic position within the primary business district of Shelby County.
  • Flexible building design accommodates diverse retail or commercial business uses.
  • Central location offers visibility and access for local area commerce.
  • Asset supports various configurations including potential residential or office space.

What's Special

209 N Main St is a mixed-use asset situated in the heart of Kimballton, Iowa. This property occupies a central position within the local business corridor, serving the needs of the surrounding Shelby County community. Given the versatile layout typical of mixed-use buildings in smaller rural municipalities, this site is well-suited for a variety of business ventures ranging from ground-floor retail storefronts to upper-level office or residential space. The regional economy relies heavily on the agricultural productivity and steady industrial presence that defines much of Western Iowa. Investors and local business owners looking for a foothold in this established community will find this location provides direct access to the main thoroughfares serving Kimballton. The building layout supports independent operational configurations for diverse commercial tenants seeking a prominent street-front presence. Its proximity to essential services and local infrastructure makes it a functional addition to a portfolio focused on stable, small-market assets.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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