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About This Home

This 0-bedroom, 0-bathroom commercial at 115 E Washington Street in Winterset, IA is listed for $775,000. Built in 1960, on a 0.40 acres lot.

Agent Description

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.

Key Features

  • Built in 1960
  • 0.40 acre lot

Property Details

1960

Amenities

A/C

Monthly Cost Estimate

$4,145/mo

20% down · 6.5% · 30 years

Principal$560
Interest$3,358
Insurance$226

Estimates only. Actual payments may vary.

Location

115 E Washington Street

Winterset, IA 50273

Property Details

Construction

Block Stucco

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 115 E Washington Street is listed at $775,000. The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.40 acre lot.

This property is listed by Jeff Longman and can be reached at 3194305523 or sold@jefflongman.com.

JL

Jeff Longman

Agent at RE/MAX Precision

(319) 430-5523

Listed by RE/MAX Precision

MLS# 733213· Source: listhub· Updated 132 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

115 E Washington Street, Winterset, IA 50273

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