Log In/Sign Up
Your email has been sent.
811 Main St 7,336 SF 100% Leased Office Building Hamburg, IA 51640 $175,000 ($23.85/SF) 12% Cap Rate
Investment Highlights
- Prime Location
- Turnkey Fully Leased
- Strong Tenant Base
- Low Property Taxes
Executive Summary
Investment Property – Main Street, Hamburg
- Approx. 2,500 SF, Fully Leased, 12% Cap Rate
- Strong Tenant Base: Fully leased to long-term, stable businesses that actively contribute to Hamburg’s thriving local economy.
- Prime Location: Situated on Main Street, surrounded by growth. The neighboring north building was recently acquired by a local charter school, ensuring further economic development without impacting this property’s strong tenant demand.
Financial Highlights:
- Attractive 12% cap rate
- Low property taxes
- Built-in value-add opportunity with scheduled rent increases in late 2026
- Turnkey Investment: Secure cash flow today with upside potential tomorrow.
This property offers investors a rare combination of stability, growth, and community impact—making it an ideal addition to any portfolio.
Call Nic for more details 402-739-4480
- Approx. 2,500 SF, Fully Leased, 12% Cap Rate
- Strong Tenant Base: Fully leased to long-term, stable businesses that actively contribute to Hamburg’s thriving local economy.
- Prime Location: Situated on Main Street, surrounded by growth. The neighboring north building was recently acquired by a local charter school, ensuring further economic development without impacting this property’s strong tenant demand.
Financial Highlights:
- Attractive 12% cap rate
- Low property taxes
- Built-in value-add opportunity with scheduled rent increases in late 2026
- Turnkey Investment: Secure cash flow today with upside potential tomorrow.
This property offers investors a rare combination of stability, growth, and community impact—making it an ideal addition to any portfolio.
Call Nic for more details 402-739-4480
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$28,800
|
$3.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$28,800
|
$3.93
|
| Taxes |
$911
|
$0.12
|
| Operating Expenses |
$6,889
|
$0.94
|
| Total Expenses |
$7,800
|
$1.06
|
| Net Operating Income |
$21,000
|
$2.86
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $28,800 |
| Annual Per SF | $3.93 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $28,800 |
| Annual Per SF | $3.93 |
| Taxes | |
|---|---|
| Annual | $911 |
| Annual Per SF | $0.12 |
| Operating Expenses | |
|---|---|
| Annual | $6,889 |
| Annual Per SF | $0.94 |
| Total Expenses | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $1.06 |
| Net Operating Income | |
|---|---|
| Annual | $21,000 |
| Annual Per SF | $2.86 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,336 SF
Building Class
B
Year Built
2023
Price
$175,000
Price Per SF
$23.85
Cap Rate
12%
NOI
$21,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,336 SF
Building FAR
0.19
Lot Size
0.90 AC
Zoning
C - Commercial
Parking
13 Spaces (1.77 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 4-304304-86000000 | Total Assessment | $118,900 (2025) |
| Land Assessment | $12,180 (2025) | Annual Taxes | $911 ($0.12/SF) |
| Improvements Assessment | $106,720 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
4-304304-86000000
Land Assessment
$12,180 (2025)
Improvements Assessment
$106,720 (2025)
Total Assessment
$118,900 (2025)
Annual Taxes
$911 ($0.12/SF)
Tax Year
2024
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
811 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.