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724 N 3rd St
Burlington, IA 52601
Office Property For Sale
Investment Highlights
- Downtown location near the Mississippi River with strong visibility and surroundings
- Updated interiors while maintaining original character and charm
- Walkable access to local dining, services, and commercial amenities
- 4,892 SF two-story building with flexible office or medical use potential
- On-site parking with 15 spaces, a rare amenity for downtown properties
- Attractive price point for an owner-user or investor seeking a well-positioned asset
Executive Summary
The subject property is a 4,892 SF two-story office building located in downtown Burlington, Iowa, currently offered for sale at $389,900. Originally built in 1956 and thoughtfully updated, the property blends historic character with modern functionality, making it well-suited for a variety of business uses including professional or medical office. Positioned near the Mississippi River, the building offers an attractive setting and convenient access to nearby amenities, dining, and commercial services. The site spans approximately 0.16 acres and includes 15 on-site parking spaces, providing added convenience for both employees and visitors. This opportunity presents a well-located, move-in-ready office asset in a growing downtown environment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,892 SF
Building Class
B
Year Built/Renovated
1956/2018
Price
$544,211 CAD
Price Per SF
$111.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,446 SF
Building FAR
0.68
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C2
Property Taxes
| Parcel Number | 11-33-352-001 | Improvements Assessment | $359,524 CAD |
| Land Assessment | $41,708 CAD | Total Assessment | $401,232 CAD |
Property Taxes
Parcel Number
11-33-352-001
Land Assessment
$41,708 CAD
Improvements Assessment
$359,524 CAD
Total Assessment
$401,232 CAD
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