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127 Central Ave NW

6,000 SF 100% Leased Retail Building Le Mars, IA 51031 $919,639 CAD ($153 CAD/SF)

Executive Summary

Spacious commercial building in the heart of downtown LeMars, Iowa! This building is currently being used for a gymnastics & dance studio, but with over 6,000sf of available space the possibilities are endless; open a business, use it as a rental, make it into multiple spaces, you name it! Plus additional added space in an upper balcony area and bonus 15'+ ceilings in most of the space. This property has so much history; formerly the police station, fire station and city hall, here is your chance to be part of LeMars history. *The Turn Around Business is NOT for sale. Showings to be done M-F, 8a-2p only. No equipment is included, or for sale.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,000 SF
Year Built
1930
Price
$919,639 CAD
Price Per SF
$153 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.14 AC
Opportunity Zone
Yes
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Northwest Bank
Scooter's Coffee
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-09-381-013
Land Assessment
$32,195 CAD
Improvements Assessment
$276,698 CAD
Total Assessment
$308,894 CAD
  • Listing ID: 32972602

  • Date on Market: 2024-08-27

  • Last Updated:

  • Address: 127 Central Ave NW, Le Mars, IA 51031

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