Log In/Sign Up
Your email has been sent.
131 3rd St 2,268 SF Specialty Building Offered at $501,411 CAD at a 7.99% Cap Rate in Underwood, IA 51576
Investment Highlights
- Unique multi-tenant grain bin & container-style commercial investment
- Two ADA-compliant common restrooms
- Fully leased with 3 tenants: coffee shop, retail shop, and event space
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $501,411 CAD | Property Type | Specialty |
| Price Per SF | $221.08 CAD | Building Size | 2,268 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 7.99% | Year Built | 2022 |
| Zoning | DC - Downtown Commercial District- “DC” General Commercial is meant to improve and restore the character of the current downtown district | ||
| Price | $501,411 CAD |
| Price Per SF | $221.08 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.99% |
| Property Type | Specialty |
| Building Size | 2,268 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Zoning | DC - Downtown Commercial District- “DC” General Commercial is meant to improve and restore the character of the current downtown district |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7642 16 253 013 | Total Assessment | $174,464 CAD |
| Land Assessment | $15,798 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $158,666 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
7642 16 253 013
Land Assessment
$15,798 CAD
Improvements Assessment
$158,666 CAD
Total Assessment
$174,464 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
131 3rd 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.