308 N Hwy 218 - Retail FOR SALE


La Porte City, IA 50651
$87,500 USD
319-731-3414
308 N Hwy 218, La Porte City, IA for Sale
$87,500 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

308 N Hwy 218
La Porte City, IA 50651


HIGHLIGHTS

  • Positioned along US Highway 218 with prominent frontage and visibility.
  • Commercial building situated on approximately 0.58 acres.
  • Suitable for commercial, retail, office, or service-oriented uses.
  • Existing improvements support owner-user or investment objectives.

OVERVIEW

This offering presents an opportunity to acquire a 3,200-square-foot commercial building positioned on approximately 0.58 acres along US Highway 218 in La Porte City, Iowa. The property's frontage on a major regional roadway provides visibility and accessibility that can support a variety of commercial uses, making it suitable for owner-users, investors, or redevelopment-oriented buyers. The site benefits from direct exposure to traffic traveling through the La Porte City market and offers convenient connections to surrounding communities throughout the Cedar Valley region. Its location along a well-traveled transportation corridor can support businesses seeking customer visibility, operational accessibility, and a recognizable presence within the local marketplace. The existing building provides a foundation for continued commercial use while also presenting potential repositioning opportunities for buyers evaluating retail, office, service-oriented, or other commercial concepts permitted by local regulations. The combination of building improvements and land area creates flexibility for a range of business and investment objectives. La Porte City's established commercial environment, together with the property's highway frontage and accessibility, contributes to its appeal as a commercial asset. Buyers have the opportunity to leverage the site's visibility, access, and adaptable configuration while exploring future improvements, occupancy plans, or redevelopment strategies. Whether utilized as an operating business location or considered for future enhancement, the property offers a combination of existing improvements and location advantages along one of the area's primary transportation routes.

FOR SALE DETAILS

PRICE

$87,500 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,655 SF

ZONING

C-2

APN/PARCEL ID

8712-25-304-015

ASK ABOUT THIS PROPERTY

Jenn SextonGLD CommercialMore Info
319-731-3414

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Jenn SextonGLD CommercialMore Info
319-731-3414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.