319 5th St - Freestanding FOR SALE


Correctionville, IA 51016
$750,000 USD
712-253-6784
319 5th St, Correctionville, IA for Sale
$750,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

319 5th St
Correctionville, IA 51016


OVERVIEW

Introducing an established independent NAPA Auto Parts store with the business and real estate included. Located in Correctionville, IA, Joy Auto Supply has been a reliable supplier of auto parts for decades. The business generates consistent annual revenue around $870,000 making it a turnkey operation ready for a new owner to continue serving the community. This is a classic main-street opportunity with minimal debt, a clean balance sheet, and straightforward daily operations. Perfect for a buyer who wants immediate cash flow and long-term real estate upside in one deal. The 6,000 SF building, built in 2012, is clear span with 11-14' ceiling heights and a rear 8' dock door. Plenty of door-front parking and is situated on a commercial property heavy street. The sale includes all FF&E, inventory, real estate, and can continue as a NAPA Auto Parts independent store. Listing price includes business valuation, real estate value, and partial inventory credit. A signed NDA is required before viewing financials.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Business & Real Estate For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Commercial

APN/PARCEL ID

894234453033

ASK ABOUT THIS PROPERTY

Madison CraigheadNAI UnitedMore Info
712-253-6784

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Madison CraigheadNAI UnitedMore Info
712-253-6784

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