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213 1st Ave 3,311 SF 100% Leased Retail Building Rock Rapids, IA 51246 $63,000 ($19.03/SF)
Investment Highlights
- Situated in the heart of downtown with strong visibility, foot traffic, and surrounding local businesses
- Affordable entry point with upside potential for redevelopment or long-term hold.
- A strong foundation ready for modernization and customization.
- Ideal for investors or owner-users looking to renovate or reposition a solid asset.
- Well-suited for retail, office, or mixed-use concepts.
- Bring your vision and unlock new life in a growing downtown corridor.
Executive Summary
Affordable Downtown Opportunity – Priced to Sell! Looking for an investment property or a project with serious potential? This downtown building is ready for new life!
Located in the heart of Rock Rapids, this property offers great visibility, solid structure, and plenty of opportunity for renovation or redevelopment. Prime downtown location with foot traffic and nearby businesses. Spacious layout – perfect for retail or office space. Priced below market for a quick sale – bring your vision!
Located in the heart of Rock Rapids, this property offers great visibility, solid structure, and plenty of opportunity for renovation or redevelopment. Prime downtown location with foot traffic and nearby businesses. Spacious layout – perfect for retail or office space. Priced below market for a quick sale – bring your vision!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,311 SF
Building Class
C
Year Built
1888
Price
$63,000
Price Per SF
$19.03
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.14 AC
Zoning
COMM-SMALL - Commercial
Property Taxes
| Parcel Numbers | Improvements Assessment | $168,360 | |
| Land Assessment | $13,000 | Total Assessment | $181,360 |
Property Taxes
Parcel Numbers
Land Assessment
$13,000
Improvements Assessment
$168,360
Total Assessment
$181,360
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Presented by
Frontier Insurance & Realty
213 1st Ave
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