115 E Washington Street Winterset, IA $ 720,000
115 E Washington Street
$ 720,000
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115 E Washington Street

Winterset, IA, 50273
$ 720,000
Bedrooms-- Baths-- Sq 7,920

Monthly Estimate*

$ 4,973

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Commercial Property for sale in Winterset, IA

for $720,000. This 7,920 square foot building was built in 1960 on a lot size of 0.4.

PLEASE SEE AGENT REMARKS FOR LINK TO MARKETING FLYER. Excellent opportunity to own a commercial investment property in the wonderful community of Winterset. The property is fully leased with three retail tenants. It features strong annual revenue and a healthy capitalization rate. The building itself is in great condition and features a large parking lot, exterior safety/security lighting, ADA access, and modern signage. High traffic and visibility. The building is located across the street from the John Wayne Birthplace & Museum and also one block from the historic town square, rich in history, tourism, and a vibrant local business community. Winterset is widely known for its historic covered bridges, the birthplace of John Wayne, scenic byways, and holiday festivals. Winterset is the county seat of Madison County. Madison County tourism has earned a number of accolades and awards. City of Winterset population: 5,421. Madison County population: 17,161. Winterset median household income: $72,822. Majority of households in town are between $75,000-$100,000. Madison County median household income: $89,542. Please ask the listing agent for P&L statements All information obtained from seller and public records.

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Commercial Active

Price

$ 720,000

Property Type

Commercial

Taxes

$ 7,748

Style

Lot Size

0.4

Year Built

1960

Town/City

Winterset

County/Region

Madison

MLS | Web ID

733213

Features
General
Sewer Public Sewer
Property SubType Office
County Madison
Property Type Commercial Sale
Home Owner Assoc false
Status Active
Directions From the intersection of Highway 92 and Highway 169 (Winterset) head south on John Wayne Drive. Continue south through town until you arrive at the intersection of John Wayne Drive and Washington St. Turn left (east) onto E. Washington St. Drive 1 block and the property will be on your left (north).
City Winterset
Zoning Description C
Lot Size Units Acres
Lot Size Square Feet 17424
Tax Annual Amount 7748
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Office
Heating Forced Air Gas
Cooling Central Air
Architectural Style Office
Construction Materials Block Stucco
Year Built 1960
Full Baths 0
Occupancy Type Tenant
MLS Area Winterset
Legal Description LOTS 7 & 8 BLK 25 ORIGINAL (OLD PAMIDA BLDG)
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Interior
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.4
Lot Size Acres 0.4
Road Surface Type Concrete
Foundation Details Block
Building Area Total 7920
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Jeff Longman

Listing Agent

Re/Max Precision

Broker

sold@jefflongman.com

Email

Affordability Calculator

$5,619
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,973
Monthly Property Taxes
$646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$720,000 -7.10% Price Down
1/23/2026$775,000 Listed Price

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115 E Washington Street, Winterset, IA, 50273 is a Commercial Property for sale at $720,000 with 7,920 sqft and a lot size of 0.4. 115 E Washington Street was built in 1960. The property's zip code is 50273 which is in Winterset, IA